India is rapidly becoming a Web3 powerhouse, poised to overtake the US as the largest developer hub by 2028. The India Web3 Landscape Report (2024) highlights a significant 28% growth in India’s Web3 developer community in 2024, with over 4.7 million new developers joining GitHub. This surge demonstrates India’s increasing dominance in the Web3 space, accounting for 17% of all new Web3 developers globally last year.
Currently holding the world’s second-largest crypto developer base, India represents 11.8% of the global community. This growth is fueled by a combination of factors, including a large pool of tech talent, increasing internet penetration, and growing government support for blockchain technology. The report suggests a continued upward trajectory for India’s Web3 ecosystem, solidifying its position as a key player in the decentralized future.
