Today Micromax announced the Canvas Turbo. The smartphone comes with a 5.0-inch 1080p IPS CGS (Continuous Grain Silicon) display made by Sharp and is powered by a quad-core processor. The actual chipset inside the Canvas Turbo is MT6589T with four 1.5GHz Cortex-A7 cores, PowerVR SGX544 graphics and 2GB of RAM. The smartphone offers 16GB of internal storage, but sadly no microSD expansion...
Source: http://www.gsmarena.com/micromax_canvas_turbo_goes_official-news-7047.php