Indigenous handset maker Intex has launched a new affordable smartphone, Aqua Lions T1 Lite, in India. The new device is a watered-down version of the Aqua Lions T1 that was launched in India last year and is being marketed with the tagline - "Heavy on features, light on pocket." Intex Aqua Lions T1 Lite Priced at Rs 4,449, the Aqua Lions T1 Lite is also being touted as the cheapest 5-inch smartphone available in the country. At this price, the handset will be competing directly with Xiaomi Redmi 5A which was launched last year at Rs 4,999 for the 2GB