Question: Is there any iOS Storyboard equivalent for Android development?

iOS Storyboard is fantastic that saves us a lot of time writing code. It is almost like a direct wireframe/prototype to final development too. 

Anything on Android development which can perform the same?

Answer: 
Honestly I dont think there is. Although I am sure you can find tools to allow you to create the workflow between screens of your application.
**UPDATE**

> 
> Navigation Editor isn't available in Android Studio starting from
>  version 2.0. It was an experimental feature and we may re-visit it in
>  the future. Information on this page is left for archive purposes.
> 
> 
> 

---

Android tools team just launched an early prototype of Navigation Editor for Android Applications, which they're planning to release next year

As of now, it'll be available to try/use in Android Studio.

Get all the information on Android tools website: <http://tools.android.com/navigation-editor>