MapmyIndia, the location based services and maps company, has launched Don’t Panic, a full-featured maps and GPS navigation app for iPhone, iPad and iPod touch users in India. The company is offering dedicated apps for major markets. In a limited period special offer, MapmyIndia is offering: All India maps for  Rs.1,069 or $19.99, Maharashtra maps for Rs.427 or $7.99, Karnataka maps for Rs.427 or $7.99, and Delhi NCR maps for Rs.427 or $7.99. The USP of the app is that it stores maps offline and does not require mobile data connectivity for navigation. We also like the fact that the app offers different versions for different states, in addition to an all-India version, and has priced them economically.

The Don’t Panic app features detailed MapMyIndia maps, information about Not Drive Through roads and city bypasses, access to user-generated Points of Interest (POI) with Foursquare integration, TTS(text to speech) spoken street names, Multi-stop routing,  3D buildings, and speed limit alerts with audio warning. Apart from that it also offers features such as the ability to share locations via SMS Text Messages, ability to add, rename and categorize favorite locations, and ability to automatically record and save routes and drives.

Related developments: Recently MapmyIndia had dropped the price of its navigation app, ‘Sygic & MapmyIndia: GPS Navigation’ on Apple’s iOS platform from $49.99 to $29.99, for a limited time period. The timing of the price-cut couldn’t have been better as iPhone (and iPad) users who’ve updated their devices to iOS 6 were disappointed with the new default Maps app which doesn’t offer the level of detail which was provided by the earlier, Google Maps powered app.

Apart from that, in August 2012, MapmyIndia had launched a new device, ‘CarPad 5‘. which is essentially a 3G enabled Android tablet offering its navigation interface along with communication and multimedia capabilities. Besides this, the company had also recently launched a mobile web portal for GPRS enabled smartphones, a navigation app with house number search for iOS platform, and MapMyIndia ShowNearby, a places app for iPhone, Android and BlackBerry platforms.

Just a couple of days back, Airtel had also launched its own location app for smartphones, offering voice based turn by turn navigation, and real time traffic information, in addition to route planning and POI (Points of Interests) search. Read our review of the app here.  Google had also launched its voice navigation and live traffic information in six Indian cities including New Delhi, Mumbai, Pune, Hyderabad, Bangalore and Chennai. However, Google’s Navigation service doesn’t use offline maps.