Nepal’s industrial slowdown deepens as new factory registrations fall

AI Summary

Nepal is experiencing a significant industrial slowdown, with only 461 new factories registered in the first half of the fiscal year. Key indicators such as factory utilization, industrial lending, and manufacturing's economic contribution are all in decline.

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.