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Micromax has released a variant of its A116 Canvas HD in the form of Micromax A116i, which comes pre-installed with Android 4.2 unlike A116 (runs on Android 4.1). Rest of the specifications of A116i are same as A116 Canvas HD.
As Micromax has already released Android 4.2 update for A116, so we are not sure why the company has decided to launch A116i instead of just releasing Android 4.2-powered new stock of A116.
Micromax A116i started to appear at mobile phone retailers this weekend and is also available at online stores like eBay.in and Maniac Store for a price-tag varying between INR 12,090 and INR 13,500. We are hoping to see an official announcement and broader availability this week.
Here is a quick look at the specifications of Micromax A116i
Android 4.2 Jelly Bean
5-inch 720p HD display
Dual-SIM support
1GB of RAM
1.2GHz quad-core Mediatek MT6589 processor with PowerVR SGX 544 GPU
3G, Wi-Fi, Bluetooth, MicroUSB 2.0
8.0MP rear camera with led flash, VGA front camera
2000 mAh
http://www.androidos.in/2013/11/micromax-releases-android-4-2-powered-a116i-inr-12090/