Bengaluru, March 11 -- March 11 :India is rapidly emerging as a global leader in the Web3 space and is expected to become the world's largest Web3 developer hub by 2028, according to a report on Tuesday.

The latest 'India Web3 Landscape' report by Hashed Emergent showed that the country recorded the highest year-on-year (YoY) growth in developer participation in 2024, adding more than 4.7 million developers to GitHub. This accounts for 17 per cent of all new Web3 developers globally, making India the second-largest crypto developer base in the world.

The report states that 45.3 per cent of Indian Web3 developers contribute to coding, 29.7 per cent focus on fixing bugs, and 22.4 per cent work on documentation. Popular areas of developmen...