This will be the second FIFA tournament India will be hosting, after the Under-17 men's World Cup in 2017.
India will host the Under-17 women's World Cup in 2020, FIFA president Gianni Infantino announced.
"We are delighted to announce that India has been confirmed as the host of the FIFA Under-17 Women's World Cup in 2020," Infantino said after the FIFA Council meeting in Miami on Friday.
This will be the second FIFA tournament India will be hosting, after the Under-17 men's World Cup in 2017.
Confirming the development, All India Football Federation General Secretary Kushal Das said: "We are thankful to FIFA for giving the right to host the Under-17 Women's World Cup. This will raise the profile of women's football in the country.
"We have been giving a lot of emphasis on the development of women's football in the country. So we bid for the Under-17 Women's World Cup and now we have got it."
The bidding process for the tournament started last year. France had also expressed interest to host the tournament.
Das said the venues to host the mega event will be decided soon.
"We have four-five venues in mind and we will finalise them soon."
As the host country, India automatically qualifies for the 16-team showpiece event. The six continental qualifying tournaments are yet to begin.
Besides the Under-17 Women's WC, India had also expressed interest in hosting the Under-20 Women's World Cup.
The Under-17 women's tournament began in 2008, when New Zealand hosted it. Spain are the current champions and they had beaten Mexico 2-1 in the final in Uruguay last year. The tournament in India will be the seventh edition.
Asian teams are the most successful teams in the tournament, with North Korea (2008 and 2016) having won it twice while Japan (2014) and South Korea (2010) had won it once each.
France (2012) and Spain (2018) are the only non-Asian teams to have won the tournament.
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