Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
Cointelegraph
Published Oct 23, 2022 02:00AM ET
Updated Oct 23, 2022 03:40AM ET
The global Web3 boom is expected to add $1.1 trillion to the Indian economy over the next decade, supporting the investment-based momentum driven by over 450 in-house startups, including CoinDCX, Polygon and CoinSwitch.
A recent study from the National Association of Software and Service Companies (NASSCOM), an Indian non-governmental trade association and advocacy group, highlighted India’s position as a leading global player in the Web3 market owing to several factors spanning a large talent pool, high adoption rate and product development for international markets.
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Written By: Cointelegraph
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