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This analysis of Odisha's government tender market reveals crucial insights into performance patterns and seasonal trends. With a total of 5,765 tenders, the data provides a comprehensive view of market dynamics and opportunities for MSMEs looking to enter the procurement space.
Key metrics and strategic indicators
The peak tendering activity occurs in March, accounting for 20% of annual volume.
The average win rate is 36.05%, competitive compared to other states.
Average of 12.19 bids per tender indicates a moderate competition level.
The market is fragmented with numerous players, ensuring competitive pricing.
A steady growth trend in procurement values has been observed over the past financial year.
High for new MSMEs seeking entry.
Moderate for growing companies.
Limited, requires established firms.
Very high, suitable for large enterprises.
Focused on niche sectors and established local partnerships.
A clear seasonal pattern aligns with the Indian financial year, with peaks in Q4.
A++
Mining equipment, services, and support.
A+
Manpower outsourcing and defense materials.
Standard compliance and qualification requirements.
Lower competition in niche markets, with 5% advantage.
State win rates are competitive with national averages.
Lower operational costs due to local resources.
Government policies favoring local MSMEs.
Strategic location with access to major markets.
Key insights about Odisha tender market
The main trends include seasonal peaks in March and a growing emphasis on MSME participation.
Odisha's win rates are competitive, averaging around 36.05%, aligning with national standards.
Key factors include quality submissions, compliance with requirements, and effective local partnerships.
Seasonal demand peaks in March, presenting more opportunities for successful bids during this period.
Barriers include compliance requirements, established competition, and the need for local knowledge.
MSMEs benefit from government support programs aimed at boosting local procurement and participation.
Apply these market insights to optimize your proposal timing...