Magicon has priced UltraSmart Q50 Magnus at Rs 7,999.
The Android smartphone with 5-inch multi touch capacitive screen runs on dual core 1 GHz processor.
The dual-SIM dual-standby phone features 512 MB RAM.
It runs on Android 4.0.4 ICS (Ice-Cream Sandwich) operating system.
Magicon Q50 Magnus supports EDGE, GPRS, Bluetooth and Wi-Fi connectivity.
The latest smartphone comes with 2MP rear camera and VGA camera on the front. The rear camera has 7x zoom, touch focus, auto flash, multi-shot and night mode capabilities as well.
Accelerometer (G-sensor), ambient light sensor, 3.5 mm universal audio jack and micro USB port are the other important features.
The latest smartphone sports expandable memory up to 32 GB through a microSD card.
The company did not disclose battery life of 1650 mAh battery.