The 1.25 billion people market of India is estimated to soon become the world's top smartphone market and is already one of Apple's most important markets despite the fact that the Cupertino firm is yet to open its first branded store in the country.
But that's not stopping Apple from investing in India. According to a statement Tuesday by an Apple spokesperson given to The Economic Times, the iPhone maker is opening a new $25 million development office in Hyderabad, where some 150 employees will be supporting Maps development.”