With their powerful batting and fast improving bowling, India are Asia's best hope at the World Cup which takes place in England next year.
Even without batting star and regular captain Virat Kohli, India powered their way to the Asia Cup title in Dubai, outlasting Bangladesh by three wickets off the last ball in the final.
"India proved to be well ahead of everyone," former Pakistan skipper Wasim told AFP.
"Their exposure is greater, they have financial benefits and the money invested in their system like the Indian Premier League is bearing fruits."
He added: "It's hard to predict eight months in advance but I am sure Pakistan will bounce back. They have some serious work to do in both bowling and batting. Bangladesh have an inspirational captain in Mashrafe Mortaza and Afghanistan is becoming a dangerous team."
Bangladesh, led by Mortaza, fought hard to beat higher-ranked Pakistan and Sri Lanka, who both require some serious work ahead of the World Cup starting from May 30.
Fast-rising Afghanistan, who had to qualify for the World Cup, proved they will be a thorn for many teams with their wicket-taking spinners Rashid Khan and Mujeeb Ur Rahman and a never-say-die spirit.
Champions Trophy holders Pakistan had promised more at the Asia Cup but failed to deliver, unable to put up a fighting total as 162 and 237-7 could not challenge a powerful Indian batting line-up.
Head coach Mickey Arthur termed it a "confidence crisis."
"It's a confidence thing," said Arthur after two defeats against India. "These guys work every day on their catching, but the minute one goes down, it's kind of like a disease.
"We've got to trust the skills to come out in the end. We've banked the work. It's time for that to pay off."
While Rohit Sharma will continue to challenge Kohli as stand-in captain, Sri Lanka's Angelo Mathews was not only forced to step down but was also dropped from the squad for the forthcoming England one-day series.
Pakistan have since dropped pace spearhead Mohammad Amir who went wicketless in three Asia Cup matches.
He has yet to play a 50-over World Cup -- missing the 2011 and 2015 events due to a five-year ban for spot fixing on Pakistan's tour of England in 2010.
Afghanistan shocked Sri Lanka and Bangladesh in the first round at the Asia Cup.
Every time Afghanistan bat first and score 250-plus they will cause problems for the rivals through Rashid who on Sunday became the number one allrounder in one-day cricket besides being number two bowler in that format.
Afghanistan's best came against a depleted India -- resting Rohit Sharma, Shikhar Dhawan, Jasprit Bumrah, Bhuvneshwar Kumar and Yuzvendra Chahal -- as they tied the game in the last over.
Only a three-run defeat off the last ball against Bagladesh deprived Afghanistan from a place in the final.
"We have sounded a warning for the World Cup teams," said Afghanistan captain Asghar Afghan. "We need to work in a few areas so we have time to do that before the World Cup."For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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