Silk Root Government Tender Profile

With a substantial portfolio of 84 government tender participations, Silk Root has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Superior Tender Success Rate of 50.0%

Silk Root demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 84 tenders, they have secured 42 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Silk Root has bid on contracts with a total value of ₹1,37,92,269.0, successfully securing ₹1,37,92,269.0 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.

Specialized Government Procurement Focus

The company has established a regional presence in Jammu & Kashmir government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Army, showing familiarity with diverse organizational procurement requirements.