"I'm delighted at the Indian team's performance in the Asia Cup. Never mind the loss in the final, the team played really well throughout the tournament," Singh said.
"Hockey has always brought laurels for the country in the past, it is time we restore its glory and make India proud," he added.
In the final yesterday, India made a spirited fightback in the second half but failed to earn a direct berth in next year's hockey World Cup as they lost the summit clash 3-4.
Korea's fourth title win means Malaysia are certain to return to the World Cup after a gap of 12 years.
The Indians will now have to wait till the conclusion of the Oceania Cup in November, which either Australia and New Zealand is expected to win, for the official confirmation of their participation from the FIH.
Both Australia and New Zealand have already made it to the World Cup through FIH World League.