Lenovo Vibe P1 is internationally priced at $279 (approx Rs 18,473) while Vibe P1m has a price tag of $159 (approx Rs 10,528).
Reportedly, the Honor 7 might compete against the likes of OnePlus 2 which is priced at Rs 24,999 and will be available via Flipkart exclusively.
However, there is a lot of confusion about the exact date of launch.
Yu Yuphoria was launched earlier this year in India at Rs 6,999 but after this price cut it will be now available for Rs 6,499.
The Gionee Elife E8 was launched in China earlier in June this year for approximately Rs 41,000.