ENTREPRENUERSHIP AND POSSIBLE AREAS OF INVESTMENT

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ENTREPRENUERSHIP AND POSSIBLE AREAS OF INVESTMENT

• Suraj Basnet
• CA-FINAL

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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 PLANTS
Due 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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