Indian cricket skipper Virat Kohli believes his team will fancy their chances of winning the maiden ICC World Test Championship owing to the fact that India have performed well in the recent years in Test cricket. The ICC on Monday officially launched World Test Championships which commences with the first Ashes Test between England and Australia at Edgbaston from August 1.

"We are awaiting the ICC World Test Championship with great enthusiasm as it adds context to the longest format of the game," Kohli told ICC. "Test cricket is very challenging and coming out on top in the traditional form is always highly satisfying.

The Indian team has done really well in recent years and will be fancying its chances in the championship."

India, currently ranked one in the the ICC Test Rankings, will get into the WTC fold with the two-Test series against West Indies beginning August 22.

The World Test Championship will see the top nine Test teams -- Australia, Bangladesh, England, India, New Zealand, Pakistan, South Africa, Sri Lanka and the West Indies -- compete in 71 Test matches across 27 series, played over two years; with the top two teams contesting the final in June 2021 (to be played in the UK) and the winners crowned World Test Champions.

With points available for every single game, each team will play three home and three away series. Each series counts for 120 points, distributed over the number of matches in a series.

For example, a two-match series will mean 60 points for each Test while a three-match series will give 40 points to each Test match. A tie will be 50 per cent of the points available, whilst a draw will be a 3:1 points ratio.