I seriously doubt the fact that this phone will be able to make a dent in the Indian market. Just look at its price tag, it costs you around Rs. 2000($30) The basic internet pack charges (2g) is around Rs 130($2) per month. A person who is ready to take a subscription of $2 per month, will be able to afford a better phone with Android which won't cost him more than 3k.

One thing that I want to see in such type of phones is whatsapp support with an extremely good battery life. If such a phone comes up, it will be second phone for every person who is suffering from the battery problem of android ecosystem.