Blockchain development in India is a genuine but narrow market. Live openings number in the hundreds rather than the thousands, concentrated in crypto exchanges, Web3 product companies and a handful of enterprise consortium projects. Pay can be strong for people with real on-chain experience, but the field is volatile and closely tied to crypto market cycles. Treat it as a specialisation to add after establishing backend competence, not as a first career bet, and be aware that most employers weigh a public portfolio over qualifications.