Micromax's A116 Canvas HD phablet has just been confirmed to arrive on February 14.
The smartphone will be priced under Rs 15,000 ($280/€210), though we're still waiting for the company's final confirmation.
The device will ship with Android 4.1 Jelly Bean operating system out of the box and will pack a 1.2 GHz quad-core processor inside.
Another strong point of the smartphone is the vibrant 5-inch capacitive touchscreen display that supports HD (720p) resolution.
In addition, Micromax A116 Canvas HD sports an 8-megapixel rear camera, 1GB of RAM, 4GB of internal memory and dual-SIM capability. There's also a front facing camera for video calls and a high-capacity 2100 mAh Li-Ion battery.