Moto G from Motorola Mobility will be released in India tomorrow( February 6, 2014 : 12 AM Indian Standard Time) via Flipkart. Two version of this phone will be available. The 8Gb phone will be INR 12499 and 16 Gb will be INR 13999.
Here are some basic features of the phone
4.5-inch Capacitive Touchscreen with HD, 1280 x 720 Pixels
5 MP Primary Camera with LED flash and 1.3 MP Secondary Camera
Dual SIM (GSM + GSM)
Internal Memory: 8/16 GB
Android (Jelly Bean) OS
1.2 GHz A7 Quad Core Processor with 1 GB RAM
2070 mAh Battery
Read more about 16 GB here and 8 GB here.