Historical Analysis - Jharkhand Government Tender Market Performance
This historical analysis of Jharkhand government tenders reveals insightful performance patterns and procurement trends over the 2024-25 period, showcasing how MSMEs can capitalize on these insights.
Market Performance
Key metrics and strategic indicators
Peak Activity/Seasonal Highlight
The peak tender activity occurs in April, with a total of 1,500 tenders issued, contributing to 36.9% of the annual volume.
Performance/Win Rate Highlight
The overall win rate for tenders in Jharkhand stands at 30.76%, which is competitive against national averages.
Competition/Conversion Highlight
Competition levels have shown a steady increase, with an average of 2.17 bidders per tender.
Market Leadership/Concentration Highlight
The market is led by the Ministry of Coal, with significant contributions from the Ministry of Power and Ministry of Defence.
Growth/Trend Highlight
A consistent upward trend in tenders related to manpower outsourcing and technology services has been observed.
Market Value Distribution & Opportunities
₹0-1 crore
High potential for new **MSMEs** and startups.
₹1-10 crore
Growing opportunities for expanding firms.
₹10-100 crore
Established firms should target these.
₹100+ crore
Large enterprises can engage effectively.
Performance & Seasonal Intelligence
Peak Season
Low Season
Top Performer
Top Performing Companies
TRIPATHI BROTHERS SERVICES
Focus on quality and compliance has led to sustained performance.
Market Trend Pattern
The seasonal pattern follows the Indian financial year, with peaks aligned with budget allocations.
Ministry & Category Analysis
Ministry Performance Leaders
Ministry of Coal
A+
Energy sector with emerging categories.
Ministry of Power
A+
Strong focus on renewable energy projects.
Category Opportunities Breakdown
Manpower Outsourcing Services
Success Factors:
Moderate barriers due to regulatory requirements.
Competitive Intelligence & Success Patterns
Market Benchmarks
Jharkhand's lower bidder count provides better chances for MSMEs.
Jharkhand's win rate is favorable compared to national average of 20%.
Regional Advantages
Cost-effective operations due to lower overheads.
Government incentives for local firms to boost participation.
Strategic location for logistics enhancing procurement efficiency.
Frequently Asked Questions
Key insights about Jharkhand tender market
What are the key insights from the historical analysis of Jharkhand tenders?
The analysis reveals that Ministry of Coal and Ministry of Power dominate the market, with a significant number of tenders available, indicating strong opportunities for MSMEs.
Which months see the most activity in tenders?
April is the peak month for tenders, contributing to 36.9% of the annual volume with over 1,500 tenders issued.
What is the average win rate for tenders in Jharkhand?
The average win rate stands at 30.76%, which is competitive when compared to national averages.
How does competition in Jharkhand tenders compare nationally?
Jharkhand has a lower average of 2.17 bidders per tender compared to the national average of 4, providing better chances for local MSMEs.
What are the best strategies for success in Jharkhand tenders?
Focusing on compliance, maintaining a strong local presence, and building relationships with government officials are key to winning tenders.
What are the regional advantages for businesses in Jharkhand?
Jharkhand offers cost-effective operations, government incentives, and good connectivity, making it an attractive place for businesses.
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