Nepal exporting over Rs 100 billion worth of IT services annually
Summary
Nepal's IT industry generates over Rs 125 billion annually through exports, with ambitions to increase to USD 30 billion and create 500,000 jobs in the next decade.
Key Points
- Nepal's IT professionals generate more than Rs 125 billion annually through service exports.
- In 2022, Nepal exported IT services worth Rs 67 billion, with over USD 1 billion earned yearly currently.
- NAS-IT aims to increase IT service export income to USD 30 billion and create 500,000 jobs within 10 years.
- Key recommendations include strong government policy, tax incentives, partnering Nepali firms with foreign contracts, and IT education reforms.
