Smartphone made by Google and India's Reliance Jio to be sold for about $87

FILE PHOTO: A woman walks past the logo of Google during an event in New Delhi, India, August 28, 2018. REUTERS/Adnan Abidi/File Photo

BENGALURU (Reuters) -India's Reliance Industries said on Friday the low-cost smartphone made by its Jio telecom business and Alphabet Inc's Google will be available in stores from this festive season of Diwali for 6,499 rupees ($86.81).

The smartphone will be available for an upfront price of 1,999 rupees and the rest can be paid via monthly instalments, Reliance said in a regulatory filing https://www.bseindia.com/xml-data/corpfiling/AttachLive/94ac3f7c-33d6-4479-a6f3-467a151e93cb.pdf.