It was called the $35 tablet, but its actual cost is around $50 now. I think they will sell it in retail too.
First pics on NDTV website.
NDTV Gadgets: India
Specs source: Basics of world's cheapest tablet, Aakash - NDTVGadgets.com
so its not vapourware like those foreign websites claimed it to be.
Uploaded with ImageShack.us
Pre Order Link: http://www.aakashlcad.com/index.html
http://ibnlive.in.com/news/not-sakshat-india-launches-aakash-the-cheapest-tablet-pc-around/190491-11.html
First pics on NDTV website.
NDTV Gadgets: India
The $35 tablet is now $50 but it's still Made in India and will certainly be the cheapest computing device that has ever been launched.
So what features will the low price tag get you? NDTV has exclusive access to the tablet and these are the main features:
It will be called Aakash. This is the first change from the prototype which was called Sakshat.
It is manufactured by Datawind in Hyderabad.
The final retail price is Rs 2,276 which is about $50. If you are a student it will cost Rs 1500 or thereabout.
Dimensions: 190.5x118.5x15.7mm
A 7" resistive touchscreen
It weighs 350gms
It runs on Android 2.2 but has a Getjar marketplace instead of Anroid's
A 366MHz processor
Wi-fi enabled only. Later models will be GPRS and SIM enabled.
Connectivity: 2 full USB ports
Memory: 256MB RAM
Storage: 2GB Flash memory + 2GB Micro SD card (expandable to 32GB)
Battery: 2100mAh. It will lasts1.5 to 2 hours when watching HD videos and 3 hours on average use.
Specs source: Basics of world's cheapest tablet, Aakash - NDTVGadgets.com
so its not vapourware like those foreign websites claimed it to be.

Uploaded with ImageShack.us
The device supports two full USB ports. You will not only be able to view content on the device but connect their internet dongle as well. (Photo Credit: Sameer Mitha)
Despite the marginal increase in costs, the educational institutes will have to shell out less than Rs 1500 ($31) per tablet, as the government will subsidise 50% of the tablet costs. Eventually, the device will be available to the consumers and the cost of the device is likely to be around Rs 3000 (including all taxes).
Pre Order Link: http://www.aakashlcad.com/index.html
http://ibnlive.in.com/news/not-sakshat-india-launches-aakash-the-cheapest-tablet-pc-around/190491-11.html