Although the company did not divulge the exact price but said it will be priced below Rs 11,000.
"With the Nokia Lumia 510 we continue to meet our commitment to bring Windows phone to new, lower price points," Nokia India Director and Head (Smartphone Devices) Vipul Mehrotra said.
He said the phone is designed with Indian consumer in mind and hence the company is launching it first in India.
The phone features a four-inch display and has 5 megapixel camera. With this latest addition to the Lumia series, the company is looking to strengthen its position in the smartphone segment.