Micromax has kept its words and updated one of its most popular phone to Android 4.1.1 Jelly Bean.The update can be downloade from Micromax FTP servers or via the phone's dedicated forum on XDA Developers.
The update is not available over the air but by manually flashing the operating system Rom.Its better to update the phone by visiting a service centre because a wrong step could even lead to bricking of the phone.
The update is 282 Mb in size and bring New wallpaers and colur scheme into the phone.