This name is a synonym of Rhododendron simsii Planch..
The record derives from WCSP (in review)
(data supplied on 2012-03-23)
which reports it as a synonym with original publication details: Mém. Acad. Imp. Sci. Saint Pétersbourg, Sér. 7 16(9): 38 1870.
This name record (from WCSP (in review)) was not included in version 1 of The Plant List. It is possible the same name was included from a different data source, to check this you can search for Rhododendron indicum in version 1 of The Plant List.