Certain media houses have been invited officially by the company to attend the release event of Lumia 540. The invitation reads: “Microsoft cordially invites you all to attend the launch of affordable smartphone in India.” It features Snapdragon quad core 200 series System on chip (SoC) and runs on Microsoft Windows 8.0 operating system. The smartphone sports HD display screen of 5.0 inches, which is good enough for a budget device. As far as the phone memory is concerned, it is backed with in built memory of 8 GB and 1 GB RAM. With amazing 2200 mAh battery the phone will work for 24 days on backup mode. A press statement was released on April 15, during the launch that confirmed the price of the new Microsoft Lumia 540 Dual. The expected price will be $149 (approximately Rs 9300). However, after seeing the custom duties and exchange rate of rupees, this new budget smartphone will cost Rs 10,000. Key features of Microsoft Lumia 540 Dual Also read: Xiaomi Mi4i Flashsale To Begin On April 30, 2015- Useful Tricks To Improve Your Chances Of Purchase