India and Australia are the two most successful teams in the history of the tournament having won the coveted trophy thrice each.
But come tomorrow, Dravid's sprightly boys will be desperate to outwit their Australian counterparts and become the first team in the history of the event to lift the trophy for a record fourth time.
The promising Prithvi Shaw, already being seen as the next big thing in Indian cricket, will be eager to join the likes of Mohammad Kaif (2002), Virat Kohli (2008) and Unmukt Chand (2012) in leading the side to the U-19 World Cup title.
The massive win over Pakistan in the semifinal will do a world of good to India's confidence. After putting a total of 272 on the board, they dismissed the opposition for a paltry 69.
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So far, it has been collective performance from Dravid's boys as every member of the squad has contributed to the team's success in one or the other way.
In fact, all eyes will be on Gill, who has been the most consistent batsman of the tournament. He scored a scintillating unbeaten century against Pakistan in the semis and would be eager to script one more impactful knock.
In the bowling department, Shivam Mavi and Kamlesh Nagarkoti have been phenomenal, raking up speeds in excess of 140kmph at their will. But they will have their work cut out against a strong Australian batting line-up.
Besides his spin, Abhishek is also a hard-hitting lower middle-order batsman, who can score some quick runs.
India's fielding has also been exemplary in the tournament so far.
India U-19 teams have had a legacy of producing future Indian stars and this group of players has the potential to make it big.
Australia, on the other hand, would be desperate for revenge after their big loss to the Indians in tournament opener.
The Jason Sangha-led side's last two performances signal that they have upped their game when it has mattered.
Australia's 31-run win over England in the quarterfinal, while defending 127-run total, and a six-wicket win over Afghanistan, who surprised everyone with their semifinal appearance, clearly indicate that they are here to give India a tough fight in the summit clash.
Teams (from):
India U-19: Prithvi Shaw (C), Shubman Gill, Manjot Kalra, Himanshu Rana, Abhishek Sharma, Riyan Parag, Harvik Desai, Shivam Mavi, Kamlesh Nagarkoti, Ishan Porel, Anukul Roy, Shiva Singh, Aryan Juyal, Arshdeep Singh, Pankaj Yadav.
Match starts: 0630hrs (IST).