Shreyas Iyer is the captain of the India 'B' team while the third team in the tournament are Vijay Hazare Champions Karnataka led by Karun Nair.
Ashwin is one of the prominent selection in Deodhar Trophy as most of the others are performers in the just-concluded National One Day Championships.
Among the victorious U-19 World Cup team, Shubman Gill and Prithvi Shaw have been included in the India A side.
The selectors also included speedsters Umesh Yadav, who didn't get a single game during India's tour of South Africa. Having dropped in the pecking order behind Jasprit Bumrah, Bhuvneshwar Kumar and Shardul Thakur, Umesh will have a point to prove during the tournament. Mohammed Shami has also been included.
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Meanwhile, the selectors also picked up Rest of India team which will take on Vidarbha in the Irani Cup in Nagpur from March 14-18.
However the two speedsters Kamlesh Nagarkoti and Shivam Mavi have not been picked. in any of the three squads.
India A: Ravichandran Ashwin (captain), Prithvi Shaw, Unmukt Chand, Akshdeep Nath, Shubman Gill, Ricky Bhui, Suryakumar Yadav, Ishan Kishan (wk), Krunal Pandya, Mohammed Shami, Navdeep saini, Basil Thampi, Kulwant Khejroliya, Rohit Rayudu.
India B: Shreyas Iyer (captain), Ruturaj Gaikwad, Abhimanyu Easwaran, Ankit Bawne, Manoj Tiwary, Siddhesh Lad, Kona Bharat (wk), Jayant Yadav, Dharmedra jadeja, Hanuma Vihari, Siddarth kaul, Khaleel Ahmed, Harshal Patel, Umesh Yadav, Rajat Patidar.