Waste of money? In what sense?
Presumably it is cheaper to make games in India than in most other countries, and it will be one of the most important markets in the future due to it's population size and economic growth rate.
On top of that, expansion in to these relatively untapped regions will go some way to breaking the hegemony that Japan has over games development in Asia, and potentially offer more original and culturally diverse games in the process.
I really fail to see a downside.







