The company started pre-ordering the battle royale game through Google Play on May 18.
"The pre-registration exceeded 7.6 million on the first day and 10 million in two days, proving the high interest of Indian users," the company said in a statement.
"Battleground Mobile India", which is presented as a reward for Indian users who responded to PUBG IP (intellectual property rights), can be enjoyed free-to-play and is only available in India.
The release date of Battlegrounds Mobile India" will be announced at a later date. However, several media reports suggest that it might be released on June 18.
Set in a virtual world, it is a battle royale game where multiple players employ strategies to fight and be the last man standing.
A free-to-play, multiplayer experience from Krafton, players can battle it out in diverse game modes which can be squad-based or even one-on-one.
Featuring diverse maps with different terrains in a virtual setting, the game utilises the full capabilities of Unreal Engine 4 to bring alive fantastic worlds augmented by 3D sound, to build a truly immersive experience on a mobile phone.
The recommended system requirements to experience the game seamlessly are Android 5.1.1 or above and at least 2GB RAM in the mobile device.