“India holds a unique global advantage, its young and deeply skilled technology workforce. The country accounts for nearly 28% of the global STEM talent pool and about 23% of the world’s software developers, with millions of young Indians adopting emerging technologies each year. In the Web3 ecosystem specifically, over 12% of the global Web3 developer community comes from India, making the country one of the largest contributors worldwide.
However, much of this talent is currently deployed in building services and solutions for global markets. The next phase of India’s growth must focus on building from India, for the world, creating original Web3 use cases, products, and platforms that originate here and scale globally.
On National Youth Day, this represents a powerful opportunity. India’s youth are not just participants in the digital economy; they are its architects. By empowering young builders with supportive policies, access to capital, and innovation-friendly regulation, India can transition from being a global talent supplier to a global technology leader. India’s demographic dividend, when aligned with emerging technologies like Web3, can become its greatest strategic advantage in the decades ahead.”
– Ashish Singhal, Co-founder, CoinSwitch
