According to the India Web3 Landscape Report 2024, released during India Blockchain Week in Bengaluru, the country added 4.7 million developers. Hashed Emergent states that India now has the world’s second-largest crypto developer base with significant global influence.
4.7 million Web3 developers added, putting India at the forefront globally.
In 2024, India’s developer community grew by 28 percent, adding 4.7 million developers to GitHub. The report, published on March 11 during India Blockchain Week, describes how coding, hackathons, and startup competitions drove this remarkable growth in Web3 talents swiftly.
This rapid growth is powered by a young, skilled workforce and vibrant startups backed by increasing government blockchain efforts. There is a strong need for decentralized systems and creative ecosystems, explaining this progress.
Compared to the past and the US, India’s growth is extraordinary. India’s global share of Web3 developers rose from 3% in 2018 to 12% by 2023. With 17% of global new developers and $564 million funding in 2024, India’s rapid rise beats trends seen in its earlier software boom, clearly setting it up for future leadership.
India’s explosive Web3 growth boosts its global tech impact, encouraging innovation and setting a competitive example for future digital economies.
