It will be released.
Intex even presents it at theyr own booth whereas rumors said only jolla would do so. It is already more than expected.

Release in may is in question, granted.
Concidering intex pushes out multiple device variations per year and antti waving the exact device body at slush last year are hints that the device is in developement since quite along time.

Now we "only" need some indian middlemen.
It is advised we get in close contact to indian "sfos/qt/mobile linux scene" anyway, concidering they could outnumber "us" in short time