The event, in West Park, Wolverhampton was cancelled for the last two years due to the coronavirus pandemic.
Celebrations on Sunday began with a parade from the Guru Nanak Satsang Gurdwara to West Park, where there was entertainment, speeches and a funfair.
Councillor Steve Evans, from Wolverhampton City Council, it was "fantastic".
"We all know what we went through and sometimes people forget about the last two years," he said.
"We couldn't do this last May, or indeed the May before that."
Vaisakhi is the festival which celebrates the founding of the Sikh community, or Khalsa.