Charotar Tractors: Government Tender Performance Analysis

Charotar Tractors has begun establishing presence in India's government tender ecosystem with participation in 7 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Participation Strategy

Charotar Tractors is currently in the active exploration phase of government tender participation, having submitted bids for 7 tenders. As they continue to develop their bidding strategy and capabilities, their performance metrics will provide increasing insight into their competitive positioning and sector specialization. This early-stage data serves as a baseline for measuring future procurement success.

Financial Performance in Government Tenders

Charotar Tractors has bid on contracts with a total value of ₹2,31,88,499.0, successfully securing ₹2,31,88,499.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹,31,750.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus