Web3: India missed the bus on Web1 and Web2. Can it seize the Web3 opportunity?

Synopsis

While Indian IT’s expertise in delivering global services is well acknowledged, it is less associated with taking up new ideas and converting them into scalable businesses. However, Web3 promises to be a game changer for Indian technology. The country now has more than 450 Web3 startups. Can they build global-scale businesses?

Indian IT has mostly been supporting global companies with their technology needs, maintaining their systems, and assorted IT infrastructure.Over the last few decades, this has helped create a USD230 billion IT-services business with over 4 million jobs. While Indian IT’s expertise in delivering global services is well acknowledged, it is less associated with taking up new ideas and converting them into scalable businesses. Can this change?Well,

5 mins read, Last Updated:

Nov 19, 2022, 07:28 AM IST

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