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#10

India

Its 1.4 billion consumer market, 5+ million English-speaking developers, and government tax holidays (three years via Startup India) reduce operational costs by 30% compared to Singapore. Bangalore, Mumbai, and Hyderabad host R&D centers for Apple, Google, Microsoft, and Amazon, offering unparalleled access to a massive talent pool and lower salaries—around 30% of those in the United States.

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India

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