Nepal IT industry generated over NPR 80 billion in revenue in 2024 and is projected to grow at 18% CAGR through 2028.
Key Growth Drivers
- IT Park Banepa — government-backed tech hub attracting global companies
- Digital Nepal Framework — 80 digital initiatives across 8 pillars
- Growing Talent Pool — 20,000+ IT graduates annually from Nepali universities
- Cost Advantage — competitive rates vs India for comparable quality
Challenges
- Power reliability outside Kathmandu Valley
- Brain drain to Australia, UK, and the Gulf
- Limited local VC ecosystem for early-stage startups
At Digo Tech Hub, we see enormous opportunity in helping local businesses digitise and in serving international clients who see Nepal as a quality outsourcing destination.