ENTREPRENUERSHIP AND POSSIBLE AREAS OF INVESTMENT

Suraj BasnetCA-FINAL

Hatemalo Nepali Students Group

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1.Art of seeing beyond the obvious.2.Converting disaster into truimph.

Meaning ;

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Why to be an entreprenuer?

 The incredible fairness of it — there's no force more fair in

the world than the marketplace of ideas. The live-and-die fairness of the market awakens something inside of

you — passion, hunger, fear — that makes you feel more alive than you've ever felt

before.

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Areas of investment:

1.MEDICINAL AND AROMATIC PLANTSDue to varied agro-climatic environment, Nepal is very rich

in medicinal and aromatic plants with over 700 plant species. The collection of such plants from wild sources

has been practised since ancient times. With the establishment of the Royal Drugs Research Laboratory in 1962 the commercial utilisation of medicinal plants has

been encouraged. More than 300 species have been screened and studied and extraction of diosgenin,

reserpine, alkaloids of belledona, glycosides of digitalis, lemon grass oil, rosin, turpentine and menthol has

commenced.

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2.VEGETABLE SEED PRODUCTION:

A wide variation in agro-climatic regions from tropical to temperate and alpine climates provides opportunities to

produce seed of a wide range of varieties. More importantly, the pockets of micro-climates seperated by

high mountains provide ideal environments where the risk of loosing parental lines of high value seeds is minimal. Vegetable seed production is undertaken in 15 different

areas .Very good potential exists in Nepal for the

establishment of vegetable seed farms catering to both domestic and foreign markets. Potential

markets in India, Bangladesh, Sri Lanka, Pakistan and Thailand could be developed successfully. The seed quality standards in these countries are close

to Nepalese seed standards. Export markets in American and European countries too could be tapped with the participation of investors from

these countries.

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Fruit Processing : 

Nepal is endowed with good ecological conditions for the cultivation of a variety of fruits. At present citrus fruits, apple, banana, pine appple, mango, pear, litchi, guava, peach, plum

and apricot are available in sufficiently large quantities.

Major fruit processing industries are engaged in the produvtion of fruit squash, fruit juice, jams, jellies,

marmalades and fruit salad. Some of these products are exported from Nepal. Opportunities exist for the setting

up of industries to process fruits for sale in export market as fruit juices and squash, jams and jellies and fruit

based special liquors.

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Flower Seeds :Due to varying ago climatic conditions Nepal is in an unique

position to produce a wide variety of flowering seeds which could be sold in international markets. In the summer season zinnia,

marigold, gladiolus, salvia, dahlia, canna are grown extensively. In winter and spring most of the annual flowers such as bellies,

dianthus, pansy, antirrhinum, helichrysum, aapaver, verbena, sun flower and so on are grown. 

The availability of varied climatic conditions and inexpensive labour provide Nepal a comparative advantage to produce flower seeds at low cost.

Commercial production and export of flower seeds require maintenance of high technical standards and

good supervision. Technology and expertise of foreign companies could be effectively employed to develop this

profitable agro-business in Nepal.

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Sericulture:The development of sericulture has been identified as offering very

good potential for development in the mid-hills and Terai belt of Nepal by experts from Japan, Korea, China and India. Agro-climatic conditions in these areas favour the cultivation of mulberry and teh rearing of cocoons. The Government has set up a nucleus centre at

Khopasi about 35 km. east of Kathmandu in 1975. The centre initially served as a demonstration centre and later expanded its activities to provide training, extension and reserach functions. 

The preferred production technology in Nepal is the temperate bivoltine technology which is simple and easily asaptable by small

farmers.Private investment to encourage mulberry cultivation and cocoon

rearing by small farmers could be developed successfully in Nepal. Post cocoon activities involving reeling, twisting, weaving and

production of items out of silk fabric could be developed as medium-scale industries.

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TREKKING AND CAMPING EQUIPMENT:

Nepal is an excellent tourist destination for trekking in the Himalayn mountains and for white water rafting in the rivers which drain down to

the Terai lowlands from the Himalayan snow clad mountains. Tourist arrivals have been increasing steadily in recent years

 Most of the tourists who go on treks bring with them bulky gear required for trekking. Some hire them locally.

Good prospects exist to set up projects for the production of trekking and camping equipment such as sleeping bags, heavy down jackets, tents,

rukshaks, ponchos, wind gloves and other related items. It would also be possible to export these products to overseas destinations as the cost of

production in Nepal would be very low due to low labour cost.

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