Historically an agrarian society‚ agriculture is still the foundation of Nepal’s economy. While agriculture’s share of national GDP has declined in recent years‚ giving rise to service sector as a major force – the sector still employs over 70% of Nepal’s working population.
Fertile ground of Nepal makes it ideal for cultivation and commercialization of major value crops. Nepal is a major producer of cardamom‚ ginger‚ tea‚ coffee‚ medicinal herbs etc and with ever increasing interest of upcoming young entrepreneurs in this sector – the potential of Nepal’s agribusiness is huge.
Still‚ several constraints remain as a barrier‚ including lack of infrastructure and technology, and difficulty in market access. The challenge for Nepal’s agribusiness is to consolidate world-class business model that would transform the inefficient‚ traditional sector to modern‚ sustainable and economic value chain.
Find out more about current issues and debates in Agribusiness industry.
We have collated some of the latest thinking from key voices in the industry.