The business process outsourcing (BPO) market in Nepal is growing at a rapid pace due to cheap labour and has allowed firms to offer such services to international IT companies at low prices. This has made Nepal a key outsourcing hub, similar to other South Asian countries.
Outsourcing is the business practice of hiring a 3rd party to perform services and create goods that traditionally were performed in - house by the company’s own employees and staff.
This is usually done as a cost - cutting measure.
Some of the more well - known firms in Nepal that offer BPO services are Young Minds Nepal, Leapfrog Technology and Braindigit. Most of these firms work for international IT firms.
There is no exact data regarding annual turnover of the outsourcing companies in the country but it is estimated that Nepali BPO firms generate a large amount of revenue. Most BPO firms in Nepal refuse to reveal their financials due to various reasons.
Hello EnglishHello English
