India will open its third Antarctic research station in 2012. The base is located in the Lasemann Hills part of East Antarctica and has been worked on since 2008 according to this article, but I remember posting about construction beginning in January 2010, so perhaps the 2008 refers to them selecting the location. This week they announced it is 60 percent done and is expected to be operational in 2012. The new station is expected to house 35 (25 scientists and 10 logistics/support personnel). One feature of the new station is an Earth Station that will transmit data back to scientists in India within 45 minutes instead of it taking two to three days currently.
Read more about this here.