The update is labelled LMY471, comes in over the air at 409.8MB and brings with it all of the stock Lollipop features. If you would like a closer look at what’s new in Android 5.1 Lollipop, check out our breakdown of the latest Android OS.
At the end of February, Google confirmed that Android Lollipop would begin rolling out to Android One handsets in India gradually, with random devices selected on a week by week basis. Handsets are apparently being selected at random, but being connected to a WiFi network is said to increase your odds of receiving the update.
As always, spamming the check now button in Settings > About Phone > System updates will let you know if the update has landed in your region yet.