India is the 3rd largest Web3 talent pool in the world with 11 percent of the world’s total Web3 talent residing in the nation. The findings were published by Nasscom in its recent report titled ‘The India Web3 Startup Landscape, An Emerging Technology Leadership Frontier’.
India, where rules and regulations around the crypto sector are still under drafting, is witnessing a big boom. Around 11 percent of the world’s total Web3 talent resides in India, the nation’s primary non-government tech trade body Nasscom said in a recent report. Titled ‘The India Web3 Startup Landscape, An Emerging Technology Leadership Frontier’ the report intends to explore the current state and future potential of the Web3 industry despite temporary roadblocks.
“India is the 3rd largest Web3 talent pool in the world. The Indian tech industry directly employs nearly 75,000 blockchain professionals today. Further, this talent pool is expected to grow by over 120 percent in the next one or two years,” a Nasscom press release posted by CryptoSlate said in a statement.
India seems to have an advantage in the Web3 industry now that the global demand for blockchain developer sis rising exponentially.
