Apple building development site in India, its first outside the US

From CNET: Rumours have circled that Apple would be opening up retail stores in India, but it looks like that's just the beginning of the Cupertino, California-based company's plans for the region.

Apple will be investing $25 million into a development centre in Hyderabad, India, its first such centre outside of the United States, the Economic Times reported on Tuesday.

"We've been investing to expand our operations in India and are thrilled to have passionate customers and a vibrant developer community across the country," an Apple spokesperson told the publication, adding that around 150 employees will be hired for the centre.

Apple investing in India comes as no surprise, as the country, home to over 1.3 billion, is entering a technological boom period with smartphone and Internet markets growing at staggering rates.

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