The handset maker said it is on path to achieve 10 percent market share in the world's second most populous market.
"We are seeing very good traction and will exceed our target of Rs 2,000 crore in revenues from smartphones in India this year from Rs 800 crore in 2013," LG Electronics India Managing Director Soon Kwon said.
In the first half of the year, the business from the category has almost trebled, he added.
Asked about the ambitious target of achieving 10 percent market share this year, Kwon said: "It is very much on track and looking at the sales we are having, we are on track to achieve it in 2014."
He added that LG will launch few more handsets this year in the Rs 20,000-30,000 range to further strengthen its presence and reach. Currently, it has phones in the price category of Rs 6,500-65,000.

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