It will also start selling a low cost 4G smartphone Lumia 635 for about Rs 11,300 plus taxes in July.
"The Nokia Lumia 630 is expected to roll out in May, beginning with Asia, India/Middle East, South America and Europe, at USD 159 for the single-SIM variant, and USD 169 for the dual-SIM variant before taxes and subsidies," Nokia said in a statement.
Both the variants of Lumia 630 support 3G SIM, built on latest Windows platform, and have 4.5 inch screen, 5 megapixel auto focus camera, 8 GB internal memory and support for up to 128 GB external storage.
The configuration of Lumia 635 is almost similar to that of Lumia 630 except being a 4G phone. It will support mobile internet speed of up to 100 megabit per second.
Nokia will also start selling its another 4G smartphone Lumia 930 from June in India for about Rs 18,000 plus taxes.
Most of the telecom operators - Airtel, Reliance Jio, Vodafone, Idea and Videocon are gearing up to provide 4G services in country.
Lumia 930 has 5 inch screen, comes with 20 megapixel PureView camera. It has a 1.2 megapixel front camera.
The phone has 2.2 GHz quad-core Qualcomm processor, 32GB of internal storage and 2GB RAM.