Mohammedan are the reigning champions, having won the 2023–24 I-League.
Two years after disbanding Indian Arrows, the AIFF planned to field the India U-20 team for game time and preparation for the 2027 Asian Cup and 2026 Asian Games, with exemption from promotion-relegation.
Bold denotes the player was signed mid-season.
Source: I-LeagueNotes:† Teams played previous season in I-League 2.
Updated to game(s) played on 14 February 2024 Source: I-League