Yes, Apple iPad 2 is launching in India on 29th April and this has been confirmed. Apple India has been sending Press Release confirming the launch of iPad 2 for India. Along with India, it will be launched officially in Hong Kong, Israel, Korea, Macau, Malaysia, Philippines, Singapore, South Africa, Turkey and UAE on April 29.

Full Specifications of iPad 2

-1GHz dual-core A5 CPU
-512MB RAM
-16GB, 32GB, 64GB storage options
-Front & Rear Cameras, front is VGA, rear is 720p
-9.7 inch LED display with 1024×768 screen resolution at 132ppi
-GPU said to be 9x faster
-Video output supports up to 1080p
-Runs iOS 4.3
-10 hour battery life
-White & Black colour options
-1.3 lbs
-Thinner build

The costs of the various versions are:

Wi-Fi version will be available for
Rs 29,500 (Inc Vat) for the 16GB model
Rs 34,500 (Inc VAT) for the 32GB model
Rs 39,500 (Inc VAT) for the 64GB model

Wi-Fi + 3G will be available for
Rs 36,900 (Inc VAT) for the 16GB model
Rs 41,900 (Inc VAT) for the 32GB model
Rs 46,900 (Inc VAT) for the 64GB model

The Smart Cover will be available in a range of colours in vibrant polyurethane or rich leather for Rs 2,100 (Inc VAT) and Rs 3,800 (Inc VAT).