In the absence of Leander Paes and Mahesh Bhupathi, Misra is hoping that youngsters would put up a good performance.
He said the Indian squad is practising very hard and added the final team will be announced before the draw ceremony tomorrow.
Misra reiterated that rankings do not play an important part in Davis Cup and it's the performance of players on the day of the tournament which would be the deciding factor.
"We have been practicising hard and we have the capability to win," India's lead player Yuki Bhambri said.
Vishnu Vardhan feels that the rich experience he had at the London Olympics will come in handy while local lad Sanam K Singh said that playing in front of a home crowd will be a big advantage.
"I am excited to take on Kiwis," Sanam said.
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The Kiwis' non playing Captain Marcel Vos indicated that they are enthused about the fact that the Indians are low on Davis Cup experience and that the boys are quite young.
However, he feels that the competition will be tough. The Kiwis are to announce their team tomorrow.
Bhambri, who is the highest ranked individual in the team with singles ranking of 188 and doubles ranking of 194, has played for India in two Davis Cups -- against South Africa (2009) and Uzbekistan (2012).
Misra has high hopes from Bhambri, saying he expects him to win the opening day's singles, which will help to keep the hosts in good position. (MORE)