This is not happening for the first time, Mozilla (developer of Firefox web browser) had tied up with Indian firms - Intex and Spice - to bring smartphones priced at $25 (about Rs 1,500) to India earlier this year.
Under the Android One initiative, tech giant Google has partnered Spice, Micromax, and Karbonn from India to deliver a smartphone under $100 (about Rs 6,000).
It is believed that both the handsets will give a tough competition in the world's fastest growing smartphone market.
Spice Retail CEO Devices T M Ramakrishnan said, "We will have the handsets in before Diwali. These phones are designed for driving connectivity at affordable prices. We were chosen for our innovation, we are among the chosen few to work with these global giants to bring these devices to India."
With the strong growth in its smartphone business, Spice is aiming to grow its revenues in the country by over 40% that is nearly Rs 2,000 crore this fiscal, added Ramakrishnan.
Nearly 17.59 million smartphones were shipped in India in the first quarter of 2014 against 6.14 million in the same period of 2013.
