Nepal’s industrial slowdown deepens as new factory registrations fall

Only 461 industries registered in the first six months of the fiscal year, while factory utilisation, industrial lending and manufacturing’s share of the economy continue to decline.

Nepal’s industrial sector is showing further signs of strain, with new industry registrations, factory utilisation and industrial credit growth all declining in the first half of the current fiscal year, underscoring concerns about the country’s weak investment climate and slowing industrialisation.