In recent days, there has been tremendous growth in ICT industry of Nepal. Roughly estimated, there are more than two thousand professionals engaging in this sector. It has been generating 0.72 billion Rupees cash inflow yearly , and this figure is rapidly growing. Term like “Nepal is landlocked country”, “Nepal has difficult topography” often makes people pessimistic, but these are cliché. To connect with world, we don’t need sea port, but we need better internet port. Time is changing so as process of doing businesses. With internet, virtually we can connect rest of world from our office room, home, even from restaurants and parks. This is era of virtualization, people do business over internet. This has been proved by these two thousands professionals. Most of these professionals sell ICT related services and products such as software, software development, consulting service to foreign consumers from Europe and USA. For example, I work for company with small team of 5 people. We sell software development service to European client. We are estimating Rs. 5 million of yearly revenue. Nepalese ICT industry is still in its infancy stage. The growth of this stage has shown better future of the industry.
Note: This is a paragraph from “Business Climate in Nepal”, work at AIM.