India and Australia will clash in a Twenty20 and seven ODIs starting October 10 in Rajkot. Chappell said the entire series has been planned just for money.
"Agreeing to this meaningless ODI tour of India so close to an Ashes series is evidence that Cricket Australia is more concerned with dollars than sense," Chappell wrote in 'ESPN Cricinfo'.
"Australia's mounting Test losses not only hurt in the record book but have also shredded the team's aura... Australia's weakness in this bleak period has been batting in general, and coping with good spin bowling in particular," he explained.
In the absence of injured skipper Michael Clarke, Chappell said Australia would be all the more vulnerable against an Indian team, which dominates on home turf.
"The glaring batting weakness will be exacerbated in India by the absence of Michael Clarke, easily the best player of spin in the Australian side. Without Clarke to guide them and be a steady source of runs, Australia are at risk of again losing in India," he said.