"The balance that this team has, the quality of their fast bowlers and spinners accompanied by the batting firepower makes this the best Indian team. This team has the capability of winning a Test series abroad," Sehwag said at the 'SporTale', sports-themed literary festival.
Sehwag, however, warned the Indian team against the law of averages catching up.
"This team has been playing fantastic cricket. They have won 8 of their last 9 Tests and that is a great achievement. But the law of averages catches up with every team and in my reading, there will be a Test in this series where the bowling might not fire or the batsmen will slip up," he said.
"Virat has matured hugely. He is a world-class player and I think that he might break all records in a format by the time he calls time on his career," he said.
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Sehwag also said that off-spinner Ravichandran Ashwin had a realistic chance of becoming the highest wicket-taker in Test cricket provided he takes care of his body and fitness.
On Mahendra Singh Dhoni's removal as skipper of the Rising Pune Supergiants, Sehwag said that it was a sad decision.
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