Development switched to different people/teams but that doesn't mean it's not under active development. Meet the new team: http://blogs.vmware.com/workstation/2016/07/meet-the-team.ht...

The development team is not in India and is doing more than bare-minimum maintenance, they have "a great surprise lined up for Q3, something very interesting for Q4, and something very big for H1"[1]

[1] http://blogs.vmware.com/workstation/2016/07/meet-the-team.ht...