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Entrepreneurship and 
Business Prospects in 
Nepal 
PRADIP TIWARI
Facts… 
 unemployment rate in Nepal lingers well above 40%;more in youth. 
 shifted the agricultural based economy towards remittance based 
economy. 
 major exports is labor. 
 At present, nearly half of all households in Nepal have at least one 
member abroad or a returnee (World Bank, 2011). 
 Around 1707024 Nepalese workers are working in foreign land.
Business Prospects in Nepal 
 Agriculture 
 Tourism 
 IT 
 Recreation 
 Garments 
 Hydroelectricity
Agriculture 
Present 
 Employment opportunities to 66 percent of total population. 
 39% contribution to the GDP with 13 percent to foreign trade. 
 Lagged behind in generating momentum for the much-needed 
economic growth rate. 
 Net exporter of grains and other agricultural products to a net importer 
over the last few decades. 
 Rs 66.36 billion has gone abroad for import of vegetables alone in the past 
fiscal year, Rs 39.08 billion for vegetables, Rs 32.79 billion for edible oils, and 
Rs 6 billion for animal products.
Agriculture 
Problems 
 Heavy flow of youth to foreign countries. 
 Dependency on monsoon rain and food crops. 
 Investment in the agricultural sector dried up. 
 Shifting of people from rural to urban areas. 
 Use of old tools and techniques. 
 Concept of regarding agriculture as a low class job.
Agriculture 
Prospectus 
 Farming ( Organic as well as inorganic vegetables and fruits) 
 Animal Husbandry 
 Fish Farming 
 Poultry 
 Floriculture
Agriculture entrepreneurs 
 Mr. Prem Lama of Aashapuri Organic Farm, Sanga, farming about 5 
hectares of land, is selling about 300 kg of organic products daily and 
generating more than NRs. 500,000 (US $6,250) a month. 
 Providing more than 50 organic products including ground apple, shitake 
mushrooms, cauliflower, cabbage and cucumber to restaurants and star 
hotels in Kathmandu..
Suggestions 
 Focus on products that are being imported from India and China. 
 spend a lot of times researching and talking to experts.
Tourism 
Present 
 Nepal: a dream land for tourists. 
 760,000 tourists visit Nepal each year. 
 foreign currency equivalent of about NRs. 16,825 million. 
 Provides employment for about 20 percent of economically active 
population. 
 Contributes about 3.0 percent on gross domestic product (GDP).
Tourism 
Problems 
 Poor development of infrastructures 
 As the wealth of the world moves east, our perception of tourists has 
remained fixed towards the west. 
 Nepali entrepreneurs are missing the trend of rising interest towards travel 
among Indians and Chinese.. 
 Poor management of heritages. 
 Lack of hotels and lodges.
Tourism 
Prospectus 
 Hospitality ( Hotels, lodges ,resorts) 
 Trekking and expeditions 
 Travel and Tours 
 Handicrafts
Suggestions… 
 Focus on Indian as well as Chinese tourists. 
 Focusing even on business travelers.
Recreation 
Present and Problems 
 Not considered much important in Nepali soecity. 
 Lack of open space. 
 Barely anything for the elderly in the city to do except sit idle at home and 
watch TV or chat with another elderly person. 
 Lack of places for families with small children in the valley.
Recreation 
Prospectus 
 Mini-golf, paintball or indoor football. 
 Children’s park may be a good business for Kathmandu. 
 A day care center for the elderly.
IT 
 Potential opportunities for young programmers are immense. 
 Significant demands for software applications in the Nepali market.
IT 
Prospectus 
 Medical transcription 
 Software development
Suggestions 
 Do not just focus on outsourcing business as projects. 
 Specialize in a few programming languages . 
 Hire a specialized team.
Entrepreneurship in NEPAL??? 
“If you had access to Rs 10 lakhs, couldn’t you 
start a business, live a decent life and create 
jobs in Nepal instead? Is starting a business in 
Nepal so risky that you would rather go 
abroad? Or are there no opportunities to start a 
business in Nepal?
 Starting your own business is not easy 
 Have a lot of patience and persistence. 
 Entrepreneurship is all about starting small, moving forward, learning from 
mistakes and adapting to the market.
Be an entrepreneur? 
 See an opportunity. 
 Make a plan. 
 Start the business. 
 Manage the business. 
 Receive the profits. 
 Think differently. 
 Create new. 
 Get Blinded by passion.
Entrepreneurs… 
 Entrepreneurs are not necessarily motivated by profit 
but regard it as a standard for measuring achievement 
or success. 
 greatly value self-reliance, 
 strive for distinction through excellence, 
 are highly optimistic (otherwise nothing would be 
undertaken), and 
 always favor challenges of medium risk (neither too 
easy, nor ruinous).
Are not we dreaming small????
Unclose your mind. You are not a 
prisoner. You are a bird in flight, 
searching the skies for dreams. - 
Haruki Murakami
FREE YOURSELF, DREAM HIGH DREAM BIG

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Entrepreneurship and business prospects in nepal

  • 1. Entrepreneurship and Business Prospects in Nepal PRADIP TIWARI
  • 2. Facts…  unemployment rate in Nepal lingers well above 40%;more in youth.  shifted the agricultural based economy towards remittance based economy.  major exports is labor.  At present, nearly half of all households in Nepal have at least one member abroad or a returnee (World Bank, 2011).  Around 1707024 Nepalese workers are working in foreign land.
  • 3. Business Prospects in Nepal  Agriculture  Tourism  IT  Recreation  Garments  Hydroelectricity
  • 4. Agriculture Present  Employment opportunities to 66 percent of total population.  39% contribution to the GDP with 13 percent to foreign trade.  Lagged behind in generating momentum for the much-needed economic growth rate.  Net exporter of grains and other agricultural products to a net importer over the last few decades.  Rs 66.36 billion has gone abroad for import of vegetables alone in the past fiscal year, Rs 39.08 billion for vegetables, Rs 32.79 billion for edible oils, and Rs 6 billion for animal products.
  • 5. Agriculture Problems  Heavy flow of youth to foreign countries.  Dependency on monsoon rain and food crops.  Investment in the agricultural sector dried up.  Shifting of people from rural to urban areas.  Use of old tools and techniques.  Concept of regarding agriculture as a low class job.
  • 6. Agriculture Prospectus  Farming ( Organic as well as inorganic vegetables and fruits)  Animal Husbandry  Fish Farming  Poultry  Floriculture
  • 7. Agriculture entrepreneurs  Mr. Prem Lama of Aashapuri Organic Farm, Sanga, farming about 5 hectares of land, is selling about 300 kg of organic products daily and generating more than NRs. 500,000 (US $6,250) a month.  Providing more than 50 organic products including ground apple, shitake mushrooms, cauliflower, cabbage and cucumber to restaurants and star hotels in Kathmandu..
  • 8. Suggestions  Focus on products that are being imported from India and China.  spend a lot of times researching and talking to experts.
  • 9. Tourism Present  Nepal: a dream land for tourists.  760,000 tourists visit Nepal each year.  foreign currency equivalent of about NRs. 16,825 million.  Provides employment for about 20 percent of economically active population.  Contributes about 3.0 percent on gross domestic product (GDP).
  • 10. Tourism Problems  Poor development of infrastructures  As the wealth of the world moves east, our perception of tourists has remained fixed towards the west.  Nepali entrepreneurs are missing the trend of rising interest towards travel among Indians and Chinese..  Poor management of heritages.  Lack of hotels and lodges.
  • 11. Tourism Prospectus  Hospitality ( Hotels, lodges ,resorts)  Trekking and expeditions  Travel and Tours  Handicrafts
  • 12. Suggestions…  Focus on Indian as well as Chinese tourists.  Focusing even on business travelers.
  • 13. Recreation Present and Problems  Not considered much important in Nepali soecity.  Lack of open space.  Barely anything for the elderly in the city to do except sit idle at home and watch TV or chat with another elderly person.  Lack of places for families with small children in the valley.
  • 14. Recreation Prospectus  Mini-golf, paintball or indoor football.  Children’s park may be a good business for Kathmandu.  A day care center for the elderly.
  • 15. IT  Potential opportunities for young programmers are immense.  Significant demands for software applications in the Nepali market.
  • 16. IT Prospectus  Medical transcription  Software development
  • 17. Suggestions  Do not just focus on outsourcing business as projects.  Specialize in a few programming languages .  Hire a specialized team.
  • 18. Entrepreneurship in NEPAL??? “If you had access to Rs 10 lakhs, couldn’t you start a business, live a decent life and create jobs in Nepal instead? Is starting a business in Nepal so risky that you would rather go abroad? Or are there no opportunities to start a business in Nepal?
  • 19.  Starting your own business is not easy  Have a lot of patience and persistence.  Entrepreneurship is all about starting small, moving forward, learning from mistakes and adapting to the market.
  • 20. Be an entrepreneur?  See an opportunity.  Make a plan.  Start the business.  Manage the business.  Receive the profits.  Think differently.  Create new.  Get Blinded by passion.
  • 21. Entrepreneurs…  Entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success.  greatly value self-reliance,  strive for distinction through excellence,  are highly optimistic (otherwise nothing would be undertaken), and  always favor challenges of medium risk (neither too easy, nor ruinous).
  • 22. Are not we dreaming small????
  • 23. Unclose your mind. You are not a prisoner. You are a bird in flight, searching the skies for dreams. - Haruki Murakami
  • 24. FREE YOURSELF, DREAM HIGH DREAM BIG