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Phalanta phalantha
The Common Leopard is a medium sized butterfly with a wingspan of 50–55 mm with a tawny colour and marked with black spots. The underside of the butterfly is more glossy than the upper and both the male and female are similar looking.
Thanks bayucca I was thinking the same how this US butterfly came to south asia. Now I know what has Happened.
I just found another one like yours, but it is wrong labeled on Wiki (even there you have to crosscheck the IDs!):
http://commons.wikimedia.org/wiki/File:I...
Please, not my misspelling!! It should be Phalanta phalantha (not phalanta in the species name).
Speyeria is an US butterfly and not found in India. This one is a Common Leopard, Phalanta phalanta. Nymphalidae, Heliconiinae, Vagrini.