Indian handset maker Micromax has launched its first octa-core processor powered smartphone, Canvas Knight, priced at Rs 19,999. The dual-sim phone features 5-inch full-HD (1080 X 1920p) IPS display, 2GHz octa-core processor, ARM Mali450 graphics and 2GB RAM. It comes with 32GB internal storage and runs Android 4.2 Jelly Bean. The phone doesn't feature a microSD card slot.