The Indians, with 1458 rating points, occupy the ninth spot by virtue of their disappointing ninth place finish in the World Cup held at The Hague, Netherlands earlier this month.
Even though the Sardar Singh-led side defeated Asian champions South Korea 3-0 in the ninth-10th place play-off match in the World Cup, the Koreans (8th spot) are a rung ahead of India in the latest rankings with 1490 points.
World champion Australia's dominant 6-1 victory in the final of the quadrennial event keeps them in the top three of the men's rankings for the 11th consecutive year.
Both Germany (3rd) and England (5th) have dropped one place. Belgium is in the fourth spot, while New Zealand is sixth.
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Spain complete the top 10 rankings in the men's category.
Meanwhile, in the women's rankings, India are languishing at the 13th position.
The Netherlands consolidated their place at the top of the world following their 2-0 win over Australia in final of the women's World Cup, held along side the men's event.
USA women's team has climbed up two spots to eight having reached the semi-finals this year.