The Ethereum Foundation has confirmed that Devcon 8 will take place in Mumbai, India, in the fourth quarter of 2026. This decision highlights India's burgeoning role in the crypto sector, marked by a growing number of developers and a vibrant grassroots community. Despite regulatory hurdles, such as a 30% tax on crypto gains and a 1% TDS on transactions, India's crypto ecosystem remains robust, supported by initiatives like EthMumbai and projects like Polygon. The announcement follows the successful organization of Devconnect in Argentina, with the Ethereum Foundation expressing appreciation for the efforts there. The Foundation invites the global Ethereum community to participate in the upcoming event in Mumbai, underscoring India's significance in the Web3 innovation landscape.