I presume this will be fake news
The writer on the source article, Rohan Pal, has not mentioned his source of this information. This makes it possible fake news. Also, India would have pretty limited takers of such expensive gadgets and they are pretty happy playing games on existing mainstream device models with great processors coming in reasonable prices.
Releasing an expensive phone in a sharply competitive economical market such as this is surely stupid.
Wtf, by time they enter markets were this phone might sell well, newer competition from oem that move faster will drown this phone out.