The Indian company will launch the Modu T on Friday, as part of a local festival marking Diwali, one of the most important holidays in India.
The value of the transaction has not yet been disclosed, most likely because it is dependent on phone sales.
Micromax will sell the cellular phone as part of a package that includes two “jackets,” which are add-on sets for the Modu. The package will cost 12,500 rupee, the equivalent of $282.
The Modu T is a 3.5 generation smartphone with a 2.2 inch touch screen. The phone has Qualcomm's Brew operating system and an array of Java-based applications, including Snaptu, Facebook, Flickr and media player TuneWiki. Weighing in at only 60 grams and measuring 7.5 centimeters, it is considered the lightest smartphone in the world.
- Follow Ynetnews on Facebook