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The ninth edition of the tournament will be held in Bangladesh from October 3-20.
India may have lost the ODI World Cup final to Australia but have increased their lead over them from three to six points, leading the table with 122 points.
Lakshya Sen was the only Indian player who managed a win in the tie.
The rematch of the 2022 Thomas Cup final provided Indonesia with a chance to exact revenge for their 0-3 loss in the title clash of the last edition to the same opponents, and they did just that.
PBKS chased down the target of 163 with 13 balls to spare and notched up their fifth win on the trot against the defenidng champions.
Mitchell Marsh was confirmed as captain of the 15-man squad which includes Josh Inglis as a reserve wicketkeeper.
There was no place, however, for all-rounder Chris Woakes, who was part of England's T20 and ODI World Cup-winning teams, while batsman Dawid Malan is also omitted.
India have not yet confirmed participation and there is speculation that the International Cricket Council could use the hybrid model' and hold the country's matches at a neutral venue if the team does not get government clearance to travel.
India, who defeated Thailand 4-1 in their opening tie, notched up a second consecutive win to qualify for the quarterfinals.
Professional sport is a tough arena where only the best equipped survive. It requires tremendous amount of self confidence to walk back into the field with the held high after being mauled badly on the previous occasion.