The continental flagship tournament for women will be held here from July 23 to 29.
India has also been given another continental level tournament -- the FIBA U-16 Women's Asian Championship -- which will be held from October 22 to 28 in Hyderabad.
This will be the first time since 2009 that India will host a major FIBA (International Basketball Federation) event.
In 2009, the BFI was allotted the same two Championships -- the 1st FIBA Asia U-16 Championship for Girls in Pune and the 23rd FIBA Asia Championship for Women in Chennai.
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"While I am very excited and proud to be bringing a FIBA Asia event back to India, our work has just begun. We will ensure that our national teams are optimally prepared to compete with the top teams of Asia," he added.
Fourteen teams will compete in both the FIBA Women's Asia Cup and the U-16 Women's Asian Championship, with eight teams in Division A (which include new Oceania teams Australia and New Zealand) and six in lower Division B.
Govindaraj also announced that a national league for men will be held later this year.
Further details will be made public next month, he said.