The Institute for Integrated Development Studies (IIDS) in Nepal has released a report titled Unleashing IT: Advancing Nepal’s Digital Economy that examines the current state of the IT sector, specifically IT service exports, and offers recommendations for growth. The report highlights the sector’s significant contributions to Nepal’s GDP and foreign exchange reserves, but also acknowledges the challenges it faces, including limited skills, inadequate infrastructure, and poorly aligned policies. The IIDS proposes strategic interventions to overcome these obstacles, including infrastructure development, investment and financial support, human capital development, and innovation initiatives. The report emphasizes the crucial role of government support, industry collaboration, and a commitment to digital inclusion in unlocking the full potential of Nepal’s IT sector.

Source Document Link