Magicon has launched the Q50 UlltraSmart Magnus that looks much like the UMI S1 for Rs. 7,999.  This is a dual core handset with 2MP rear camera.

Magicon has launched 3 new android handsets the Magicon M2 Elegante, M3 Atom and M39 Savvy. These dual SIM handsets are price under Rs. 4,500 and are powered by 1GHz single core processor.