The Motorola Moto G, which is sold in India via online retailing site Flipkart, has got a price cut of Rs 2,000.
Flipkart said that the handset will now be available at Rs 10,499 for the 8GB version and Rs 11,999 for the 16GB version, till the stocks last. The handset will be delivered within two to three business days, as per Flipkart.
There are speculations in the media that the Moto G price cut announcement has come in the wake of Chinese handset maker Xiaomi's new smartphone launch in India.
The second stock of Moto G price cut , which debuted in the Indian smartphone market earlier this month, was sold out within 5 seconds of going on sale.
Flipkart is exclusively selling Xiaomi's handsets in India.
Motorola in February this year launched the much-awaited Moto G is at Rs 12,499 for 8 GB version and Rs 13,999 for the 16 GB variant.
Moto G, which sports a 4.5-inch HD display, is powered by 1.2GHz quad-core Qualcomm Snapdragon 400 processor with Adreno 305 graphics, 1 GB of RAM and has a dual SIM option.
Protected with Corning Gorilla glass, Moto G has a water repellent nano-coating inside and outside, which provides protection to the handset from light splashes of water.
Moto G has a 5-megapixel rear camera with LED flash and a 1.3-megapixel front-facing camera. On the features front, Moto G has a revamped Phone app, which prioritises contacts based talk time and call frequency. The Photos app allows viewing and editing of locally stored and Google+ images.
The Indian smartphone market is witnessing strong competition between local and international players, all vying to grab a share of the multi-billion dollar market.