If you want a really good guitar with a low budget, I'd recommend an Ibanez... but its still quite expensive.
Most people I know use Givson (with a "v" and not a "b") which is purely Indian... cheap and bad quality, but perfect for first use. I'm still using a Givson GS 1000 which cost me around 3000 Rs.
But I'm thinking of buying an Ibanez within the next 5 months.
The words of a banished king
"I swear revenge"
Filled with anger aflamed our hearts
Full of hate full of pride...
Oh, we screamed for revenge
- Blind Guardian (Nightfall)