Ahmedabad Emerges as India's Thriving Web3 Innovation Hub

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 6:08 pm ET1min read
Aime RobotAime Summary

- Ahmedabad, India's emerging Web3 hub, gained momentum through the India Blockchain Tour (IBT), attracting developers, investors, and crypto enthusiasts to explore blockchain innovations.

- Local developers and supportive investors are driving advancements in tokenization, DeFi, and AI-integrated blockchain solutions, addressing real-world challenges like supply chain transparency.

- Industry leaders like Bybit's Vikas Gupta and Bitget's J. Hirdyani praised Ahmedabad's proactive youth and adaptable leadership, positioning Gujarat as Web3-ready despite being a Tier 2 city.

- The IBT's grassroots engagement influenced policy discussions on Web3 regulation, with plans to expand to cities like Kolkata and Mumbai, signaling India's decentralized tech shift beyond traditional hubs.

Ahmedabad, a city historically known for its textile industry and architectural heritage, has unexpectedly emerged as a thriving Web3 hub in India. The India Blockchain Tour (IBT) brought widespread attention to the city, creating a dynamic environment where developers, investors, and crypto enthusiasts converged to explore the latest in blockchain technology. The event, held at the Courtyard by

, featured crowded booths, vibrant discussions, and a palpable sense of innovation, signaling the city’s rising influence in the Web3 space [1].

The event highlighted Ahmedabad’s unique position as a Tier 2 city that is actively contributing to India’s digital transformation. The city’s growing pool of skilled developers, combined with a supportive investor base, has fostered innovation in areas such as tokenization, DeFi, and AI-integrated blockchain solutions. Local attendees demonstrated a strong interest in applying these technologies to real-world problems, suggesting a readiness to embrace the decentralized future [1].

Industry leaders have acknowledged the momentum in Ahmedabad. Bybit India’s Country Manager, Vikas Gupta, praised the enthusiastic reception at the event, noting that the questions and engagement were relentless [1]. J. Hirdyani of Bitget South Asia added that Gujarat is well-prepared for the Web3 wave, with a motivated youth base and inquisitive CXO leadership showing a willingness to adapt and innovate [1].

Ahmedabad’s rise challenges the conventional perception that blockchain innovation is limited to India’s major metropolitan areas. The city has demonstrated that Web3 adoption can be driven by local talent and community-driven initiatives. Developers are not only building for global markets but also addressing local challenges, such as improving supply chain transparency and digital identity verification [1].

The India Blockchain Tour has played a pivotal role in amplifying this shift. The tour, which emphasizes practical knowledge, included in-person surveys to gauge public opinion on Web3 regulation. These insights will be incorporated into a government report, showcasing how grassroots events can influence policy-making [1]. The success of the Ahmedabad leg has prompted the tour to expand to other cities, such as Kolkata and Mumbai, indicating that the Web3 movement is gaining momentum across India.

This development underscores a broader trend in India’s tech landscape, where innovation is no longer concentrated in traditional hubs. Cities like Ahmedabad are becoming key players in the Web3 ecosystem, leveraging lower costs of living and strong technical education to build scalable solutions. While challenges remain, including evolving regulatory frameworks and limited awareness among policymakers, the trajectory is clear: Ahmedabad is asserting itself as a vital node in India’s decentralized future [1].

Source: [1] title1.............................(https://images.assettype.com/outlookindia/2025-08-05/1sbl4cbg/Viksit_Bharat_2047_1_compressed.pdf)

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