Nepal’s IT exports near $1 billion. Can the momentum be sustained?
Summary
Nepal's IT sector has nearly reached $1 billion in exports, doubling in three years, but sustaining growth depends on improving education, infrastructure, and policy stability to create 500,000 tech jobs in a decade.
Key Points
- Nepal’s IT exports have neared $1 billion, more than doubling in three years according to NAS-IT estimates.
- The sector employs around 100,000 people, with projections of reaching 500,000 tech-enabled jobs within a decade if growth sustains.
- Challenges include lack of official export tracking, concentration of jobs in Kathmandu, and need for digital education reform including AI.
- Industry leaders emphasize the need for policy stability, foreign direct investment, and institutional reforms to sustain sector growth.
