- Tea export to Pakistan
Pakistan, one of our closest neighbors is second largest importer of tea (after US) and there is no active tea trade between India and Pakistan. Currently Pakistan imports Tea from China and Kenya. There leaves a room for Nepal to export Tea to Pakistan.
- Export of Nepali Forest Product to India, China and rest of the world
Bhutan has made good progress in exporting forest products like paper and furniture to two of our giant neighbors. Nepal with huge forest and varied vegetation can tap this opportunity.
- Back-office Pharmaceutical Production
Indian Pharmaceutical companies are doing too well in the Global Pharmaceutical Market especially in generic segment. There are very few reasons why Nepali companies cannot tap that market. Also, many global giants are focusing more on brand management and marketing outsourcing the production. Nepal, a country between India and China is an ideal production base for multinational targeting these two countries.
- Business Process Outsourcing from US, EU, ASEAN, India
India is now the most preferred outsourcing destination for most MNCs, but the market is maturing due to the shortage of qualified manpower and high salary rise. This brings Nepal into the outsourcing picture in supplementing India.
- Travel and Tourism
A country with varied vegetation having as much as 8 National Parks, 6 Forest Reserves, 2 Conservation Area and 1 hunting area is clearly one of the best green tourism destination in the world. To add to it, there are many holy hindu and Buddhist sites like Pashupati Nath, Janaki Temple, Swayambhu, Lumbini etc. Not to forget is Himalayas with Mount Everest.
- Hotel and Hospitality, and Real Estate
The tourism potential explains the importance and potential of hotel and hospitality, and real estate sector of Nepal. Nepal is sure to become a good economy in the years ahead as a fine tourism destination and a market place with the likes of Mauritius, Switzerland, and Singapore.
- Financial Institution (IB, Venture Capital, Mutual funds etc)
Retail Banking has survived very hard times in Nepal. Even when many companies were dying, these banks stood strong with the constant liquid flow into the economy in the form of remittances. Now, the market is poised to grow to other types of FIs like Investment Banking, Venture Capital, and Mutual fund.
- Infrastructure (Power and Transportation)
Nepal has second largest potential for Hydropower after Brazil and both of the neighbors (India and China) are hungry for energy. So, there are the resources and there is the market. It is just about tapping it at the earliest and benefiting that is in waiting.
Also, Nepal has very weak transportation system. It will need private investment in both traditional ways like Road, Railway and Airport, as well as non-traditional ways like Rope ways. Nepal can be one of the biggest market for Rope Way Companies.
- Apple export
Nepal produces on of the best quality Apple (in Humla and Jumla). They are searching market for centuries and now is the time when world should get chance to taste those sweet apples.
- Healthcare
Sri Lanka has done much in the field of Ayurveda and now Kerala is following it. Nepal has the cold climate and the herbs. It is the market awaiting investment. Also, there is huge opportunity in other forms of Healthcare services Nepal can provide to the world in far more competitive price than Philippines or India.
7 Comments:
Cool ideas !
Interesting blog, your facts however are misleading. Nepal is NOT the country with the second most hydro power potential in the world. We have currently, around 43,000 MW as technically feasible. This figure however, was based on a study in the in the 80's, which given the changes in climate,geological, etc conditions could be questionable. Its not to say that Nepal has no potential, an extra 2000 MWs of energy would do wonders for the nation, but please, lets not go on about the country with the second most potential in Hydropower. It makes us sound as if we're just echoing rhetoric. Rebuilding a nation starts by questioning one's facts, especially the ones dated two decades ago. Good ideas however. I salute your efforts.
hmm...
interesting ideas to start with.
to move further we need more facts and figures to justify. say regarding the tea export opportunity to pakistan - do you know that nepal is net importer of tea.
the tea that is exported from nepal is of high grade quality and is thus exported either directly to europe or through India. our effort should be directed to target high end market. i wonder weather pakistan is appropriate market for that.
i have read that the teaplants from nepal are relatively young as compared to darjleeng tea.....and hence the yield is better. but however the brand image of nepal has not been developed yet in the west. the indians are capitalizing on their brand image...and even using nepalese high grade tea and pacakaging them as darjleeng tea to export it to europe.
i don't have facts and figures to justify myself. but i belief government organisation or business association should carry out research to formulate holistic strategy.
anyways your effort is worthwhile to start up discussion forum.
hmm...
interesting ideas to start with.
to move further we need more facts and figures to justify. say regarding the tea export opportunity to pakistan - do you know that nepal is net importer of tea.
the tea that is exported from nepal is of high grade quality and is thus exported either directly to europe or through India. our effort should be directed to target high end market. i wonder weather pakistan is appropriate market for that.
i have read that the teaplants from nepal are relatively young as compared to darjleeng tea.....and hence the yield is better. but however the brand image of nepal has not been developed yet in the west. the indians are capitalizing on their brand image...and even using nepalese high grade tea and pacakaging them as darjleeng tea to export it to europe.
i don't have facts and figures to justify myself. but i belief government organisation or business association should carry out research to formulate holistic strategy.
anyways your effort is worthwhile to start up discussion forum.
Thanks Ujwol, Bikash and others.
I agree with the views you guys have given. I need to dig out more as most of the data that we get regarding Nepal are quite old. However, I find some relevance in using them.
-- Bhupendra
nice to read that.. but like all have emphasised
we gotta start wid a single step... and by now i have stopped expectin others (govt. or any sector)do it... it would be very nice if we start some smal things on our own.. 2-3 guys are enuf to change a face of a village... and until we take development oto village..hamro desh ustai ko ustai hune cha...
and by now its we doin it or noone..we cant still expect form the system thats runnin in nepal...if u expect them to do...all at the end they will make themself rich and nothing else..
MrRDX:
You are right, we need to do something by our own. I second your thought.
Bhupendra
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