Emerging handset maker Lava has released another budget Android smartphone, Iris 430, into the burgeoning Indian market.

The new dual-SIM smartphone runs on a dual-core processor powered by a 1500 mAh Li-ion battery capable of providing 390 hours of standby time.

Key Specifications of Lava Iris 430 Include:

Model

Lava Iris 430

Display

4.3-inch WVGA capacitive display with

480x800p resolution

OS

Android v4.0.4 OS

(Ice Cream Sandwich)

Processor

Dual-core processor with 1Ghz

clock speed

RAM

512 MB

Memory

4GB, expandable up to 32GB

Camera

Rear: 5.0-megapixel camera

with LED flash support

Front: VGA camera

Network

2G & 3G (GSM-900,1800; UTMS-2100)

Battery

1500 mAh Li-ion battery

Additional specs

Wi-Fi Hotspot, EDGE, GPRS,

Bluetooth v4.0,USB connectivity

Dimension

130.0 x 67.0 x 10.55

*Price

₹7,500/-

*price as quoted in ThinkDigit.

Taking note of the above specs, Lava's new smartphone is competitively priced compared to other budget and mid-range smartphones.

With a price tag of just ₹7,500, Iris 430 can give Nokia's upcoming mid-range Lumia 620 (₹15,199) a run for its money. Both smartphones feature similar dual-core processors, RAM capacity and camera specifications. In a price-sensitive market like India, Lava Iris 430 can make a dent on Lumia 620 sales.

Lava recently began a 'BLOCKBUSTER PHONEDAY' campaign on the company website to launch new smartphones every Friday. It has indeed been releasing quite a few smartphones since last month, including Iris 454, Iris 5o2, Iris 351 and the 7-inch E-Tab Xtron tablet.