Earlier in July, India had dropped 15 positions to 156th place after two successive defeats in the 2018 FIFA World Cup qualifiers.
India were recently held to a goalless draw by Nepal in an international friendly match in Pune.
They will now take on Iran in a World Cup qualifier in Bengaluru on September 8.
Meanwhile, Copa America runners-up Argentina continued to be at the top ahead of Belgium, in second position, and third-placed World Champions Germany.
Colombia and five-time world champions Brazil are in the fourth and fifth spots, respectively.