Spice Mobiles has unveiled a new Stellar-series smartphone in the form of Stellar 362 in the Indian market. The phone runs on Android 4.4 KitKat and is powered by 1GHz dual-core processor.

According to the company, it is targeting the consumers living in Tier II and III cities, who want affordable phones, with the Stellar 362.

“We have noticed a growing acceptance and demand amongst sub urban customers for good quality smartphones. At Spice, our vision has always been to offer the best-in-class smartphones to a larger audience, by providing great products at affordable prices. Stellar 362’s combines high utility functions and the latest software to deliver a great customer experience,” said Prashant Bindal, Chief Executive Officer, Spice Mobility Ltd.

Spice Stellar 362 features 3.5-inch HVGA display, 3G support, dual-SIM connectivity, 2MP rear camera, 1.3MP front camera, and 1300 mAh battery. In addition, the company has included just 256MB of RAM, which is a disappointment, given most phone at the price-tag now pack at least 512MB of RAM, if not 1GB.

The phone will go on sale in the coming days in White and Black colour options.