The event will livestream on the company's YouTube channel and Facebook page
Powered by MediaTek G-series mobile processors, the Micromax IN Note 1 and Micromax IN 1B feature big screen, large capacity battery, and multi-optics camera set-up
The Micromax In series would be a smartphone line-up that will debut with at least two models, both powered by MediaTek Helio G-series mobile processors
Stressing that the company's mobile phone R&D centre and product team is in India, the Xiaomi India Managing Director also pointed out that it employs 50,000 people in the country
Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices
Lava's inability to pay staff on time puts focus back on the declining fortunes