The last time when India won the junior world championship was back in 2001 in Hobart, Australia. It was a side that boasted of quality players like Gagan Ajit Singh, Deepak Thakur, Yugraj Singh, Prabhjot Singh, all of whom went onto represent the senior national team with distinction.
German coach Valentin Altenburg has already declared India to be one of the top contenders for the title.
New Delhi hosted the last edition in 2013, where Germany claimed their sixth title beating France 5-2 in the final.
A total of 16 teams have been put into four groups of four teams each. India are placed in Pool D alongside Canada, England and South Africa.
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Should the home team finish in the top two of the group stages, which they are expected to, they will have to face one of the top two teams from Pool C, which comprises defending champions Germany, New Zealand and Spain.
But this time around India are fielding one of the strongest teams in the event which features full internationals like captain Harjeet Singh, striker Mandeep Singh, defender and dragflicker Harmanpreet Singh and goalkeeper Vikas Dahiya.
The Harendra Singh-coached side is also approaching the World Cup on the back of a strong performance in a four-nation invitational tournament in Valencia in October, where they defeated a strong field comprising Germany, Belgium and hosts Spain to emerge victorious.
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Senior team's chief coach Roelant Oltmans, who is assisting Harendra in preparing the colts for the World Cup is also confident of a good show.
"We have a balanced team and that is our strength. We have more experience than others because of playing in HIL. We have performed well in the last two years and we also have key players in every line," the legendary Dutchman pointed out.
After Canada, India will play England on December 10 before facing South Africa in their last pool fixture on December 12.
Other matches featuring on the opening day of the tournament are New Zealand vs Japan (Pool C), Germany vs Spain (Pool C) and England vs South Africa (Pool D).
It is also the first time an international tournament will be hosted by the city of Nawabs, Lucknow in its newly-built Major Dhyan Chand Astroturf Stadium and India can expect huge crowd support, which is bound to act as tremendous morale booster for the home team.
Just days before the start of the tournament, the International Hockey Federation (FIH) withdrew Pakistan from the event, blaming Pakistan Hockey Federation (PHF) for applying late for the visas and failing to give necessary confirmations to the world body within the stipulated deadline.
In Pakistan's place, the FIH invited Malaysia as a late entrant for the World Cup.
The FIH move did not go down well with Pakistan which blamed world body's new President from India Narinder Batra for mixing politics with sports.
But Pakistan's participation in the junior World Cup was always shrouded in doubt even though they had qualified for the event because of ongoing tensions between the two neighbouring countries.
Pool A: Argentina (Winners in 2005), Australia (Winners in 1997), Austria (on debut), Korea (4th in 1989).
Pool B: Netherlands (Runners-up in 1985, 2009), Malaysia (4th in 1979, 1983, 2013), Belgium (6th in 2013), Egypt (9th in 1997)
Pool C: Germany (Winners in 1983, 1985, 1989, 1993, 2009, 2013), Spain (3rd in 2005), New Zealand (4th in 2009), Japan (11th in 1997).
Pool D: India (Winners in 2001, Runners-up in 1997), England (4th in 1997, 2001), Canada (8th in 1983), South Africa (11th in 2001).