Nepal’s Own Silicon Valley on the Rise with an annual turnover of Rs 109 billion

Lalitpur's Annual ICT Turnover At Rs. 109 Billion
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10th May 2020, Kathmandu

Lalitpur, Nepal’s Own Silicon Valley on the Rise with an annual turnover of Rs 109 billion. Annual ICT Turnover At Rs. 109 Billion.

Lalitpur is at the forefront in terms of Information and Communications Technology (ICT) on the basis of annual trade. According to the Economic Census 2074, the annual trade from Nepal’s own silicon valley is estimated at Rs. 109 billion.

Kathmandu comes in second place in terms of annual sales in the ICT sector. The annual turnover of Kathmandu district in ICT is Rs. 64.89 billion. No other districts come even closer to this margin.

With the annual trade of Bhaktapur in ICT at Rs. 4.2 billion, the total annual sales of Bagmati Province is over Rs. 180 billion. It is also worth mentioning that the ICT sector comes third in terms of annual sales in the Bagmati Province. Wholesale, retail, and trade industry comes first while the Manufacturing industry is in the second position.

After the Kathmandu Valley, the annual trade of Sunsari is Rs. 2.94 billion and that of Banke is Rs. 2.41 billion.

Most Trade by District

District Annual Sales (valued at Rs. 1 million)
Lalitpur 109,496
Kathmandu 64,899
Bhaktapur 4,211
Sunsari 2,094
Banke 2,041

Source: TechPana

Provincial Annual Trade

Province Annual Sales (valued at Rs. 1 million)
Province 1 4,806
Province 2 815
Bagmati 180,153
Gandaki 1,732
Province 5 4,694
Karnali 1,062
Far West 782

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