Looks awesome news 
May be we can soon get Android phones for 8k or so range being fully loaded
Full News Source:
Spice Mobile Launches Android Smartphones in India
MI-300 with an MRP of Rs 9990 seems to be a good option if the street prices hover below 9k
Here are the hands on videos :
Hands on with the Spice Mi300 Android smartphone
Hands on with the Spice Mi410 (video)
I am sure Micromax will soon launch something at 6k-7k range
...with at least entry level 3G, Wi-Fi etc

May be we can soon get Android phones for 8k or so range being fully loaded

Spice Mobiles Ltd a flagship company of the Spice Televenture has come up with three Android based mobile phone devices for Indian consumers. These devices include two smartphones MI-300 ,MI-410, and MI-700 Android tablet.
Full News Source:
Spice Mobile Launches Android Smartphones in India
MI-300 with an MRP of Rs 9990 seems to be a good option if the street prices hover below 9k

Here are the hands on videos :
Hands on with the Spice Mi300 Android smartphone
Hands on with the Spice Mi410 (video)
I am sure Micromax will soon launch something at 6k-7k range
