Despite failing to make it to the second round of the Olympics qualifiers, India have jumped one place with 355 points in the latest FIFA rankings.
India were 127th in the FIFA rankings released in December.
India, under coach Stephan Constantine, crashed out of the race for a berth in the Athens Olympics after losing against Turkmenistan on aggregate in the first round qualifying home and away matches.
World Cup winners Brazil maintained their top position with 843 points, 59 points clear of second place holders France and Spain, according to a FIFA statement. World Cup runners-up Germany accumulated 757 points to take the fourth spot.
South Korea (21) continued to hold the top ranking in Asia followed by Japan (23) and Iran (34).
Amongst India's neighbouring countries, Myanmar and Sri Lanka managed a joint 139th position while Bangladesh were sitting at 144. Pakistan were at 159 closely followed by Nepal (160). Bhutan moved five positions up to finish at 195.
Rankings:1. Brazil (843 points),
2. France and Spain (784),
4. Germany (757),
5. Argentina (753),
6. The Netherlands (746),
7. England (739), Turkey (722),
9. Mexico (720),
10. United States and Denmark (715).