The dual-SIM smartphone comes with a 5.7-inch HD+ display, 3GB RAM, 32GB internal storage and face unlock feature.
The device also comes with Panasonic's trademark Artificial Intelligence (AI)-enabled assistant -- Arbo Hub.
"The 'Eluga Ray 530' is a performance powerhouse that offers exceptional features such as high definition display, stylish looks, and the AI - Arbo Hub - our one stop app to make life easier," said Pankaj Rana, Business Head, Mobility Division, Panasonic India.
Running on Android Oreo 8.0, powered by 1.3 GHz Quad-Core Processor and 3000 mAh battery, the device features a 13MP rear camera with auto focus (AF) and a 5MP selfie shooter with flash.
"Eluga Ray 530" is available for purchase in black and blue colour variants on various online platforms.