Mukund is now the second Indian player to pull out of the tie after Rohan Bopanna had withdrawn due to a shoulder injury.
AITA usually names five-member squad apart from one or two reserve players.
Veteran Leander Paes was, on Tuesday, dropped from the Indian Davis Cup squad for the World Group away tie against Serbia scheduled from September 14 to 16.
The 28-year-old Vesley said, "I just wanted to be myself and play my natural game. Although his confidence was high after the first set, I don't know what happened to him, his game just dropped."
Following is India's schedule at the Asian Games in Hangzhou on Friday, September 29.
Sumit Nagal has been dropped from the five-member Indian Davis Cup team for the World Group 1 play-off tie against Denmark in New Delhi next month.
The freezing cold made the conditions challenging for the players.
Rohan Bopanna returned to the country's Davis Cup squad after a two-year gap as AITA named a six-member team on Saturday, for the Asia/Oceania Group I contest against Chinese Taipei, starting January 31 in Indore.
Davis Cup: Ramkumar to lead Indian challenge against Pakistan on grass courts
India lost the opening tie of the Davis Cup World Group play-off against Spain after Ramkumar Ramanathan lost to Spain's Feliciano Lopez 4-6, 4-6, 6-3, 6-1 on a hot evening in Delhi on Friday.
Tennis ace Sania Mirza expressed happiness over India winning five medals at the recently-concluded Asian Games at Incheon, although she felt many people did not expect them to do well with the team the country had sent.
Sania Mirza has enjoyed a dream run in the history Indian tennis this year. With two Grand Slam titles, 10 ATP crowns, in the WTA rankings, the Hyderabadi star continues to be World No 1.
Yuki Bhambri, making a comeback from an elbow injury, on Sunday qualified for the singles main draw of the Chennai Open.
In Paes's absence, seasoned Rohan Bopanna and Saketh Myneni will do the doubles duty in the July 17-19 tie, to be held in Christchurch.
The Indian Davis Cup team, whitewashed by formidable Spain in the World Group Play-off tie, were seeded second behind Kazakhstan in the Asia/Oceania Group 1.
The ITF tribunal has rejected AITA's contention that its Davis Cup team could face security concerns during the World Group I Play-off tie in Islamabad, paving the way for an Indian tennis team's visit to Pakistan for the first time in 60 years.
India's Rohan Bopanna on Monday jumped four places to 12th in the latest doubles ranking chart. The soar in rankings was courtesy his title victory at the ATP Dubai 500 event.
On Thursday, Bhambri will look to secure a berth in the singles quarter-finals as takes on eight-seed Stefano Travaglia in a second-round match.
Indian qualifier Sanam Singh brushed aside the challenge of Germany's Nils Langer even as Saketh Myneni failed to recreate the magic of last week as he bowed of the ATP Challenger event in Knoxville, USA.
Bopanna being the highest-ranked doubles player in the country is automatic choice for the doubles rubber.
India's tennis player Yuki Bhambri was handed a tough draw at the Australian Open when he found himself pitted against World No. 6 Tomas Berdych in the opening round of the men's singles event.
Tennis star Sania Mirza was disappointed as she arrived late and could not see the man-made marvel, Taj Mahal in Agra city.
India's Davis Cup coach Zeeshan Ali on Sunday said it was good for home team players to have got the chance to test themselves in the tie against Chinese Taipei but felt that Saketh Myneni needs to develop fast as a big player if they are to win matches against tough opponents.
Leander Paes and Rohan Bopanna, who will represent India at the Rio Olympics as a team, may clash against each other at the Wimbledon pre-quarterfinals as they have been drawn in the top half of the draw at the men's doubles event. Bopanna and his Romanian partner Florin Mergea, seeded sixth, open their campaign against Croatian pair of Marin Draganja and Nikola Mektic.
Yuki Bhambri opted out of the upcoming Davis Cup match against Korea Republic after failing to recover from an elbow injury. His withdrawal will hand Ramkumar Ramanathan his debut in men's tennis' premier international team event.
Ramkumar Ramanthan played his heart out before losing a tight second round singles match while Purav Raja and Divij Sharan bowed out of the men's doubles in the first round of the qualifiers at Wimbledon on Thursday.
The captain may be loathe to the idea, but the Delhi Lawn Tennis Association defended the decision to slot the Davis Cup tie against Spain in the evening, saying the aim is to make the event more accessible to tennis fans and save Indian players from cramping.
World No 1 Sania Mirza and her Czech partner Barbara Strycova were ousted from the women's doubles event after losing to top seeds Caroline Garcia and Kristina Mladenovic in straight sets in the quarter-final of the US Open, in New York.
In singles, out of action Yuki Bhambri dropped seven places to 129 while Myneni lost three and is ranked 141.
Yuki Bhambri avenged his last week's defeat against James Duckworth by knocking out the home favourite Australian from the Traralgon event and earned himself a shot at his second title on the Challenger Tour on Saturday.
Halep sustained the injury last month while training for the Wuhan Open, where she lost in the second round. She then retired midway through her opener in Shanghai.
Touching a new high, Indian tennis player Rohan Bopanna on Monday became World No 3 player in the world with a jump of two places in the latest ATP ranking chart.
The 534th ranked Yuki, who missed out on half the season in 2016 due to a tennis elbow injury, conjured up a 6-1, 6-4 win against his 116th-ranked American opponent.
Yuki Bhambri broke back into the top-200 after 15 months, thanks to a solid performance at the ATP Taipei Challenger, where he made the semi-finals to leap to number 186 in the latest rankings.
Former Davis Cup captain Anand Amritraj is baffled that India's best singles players are not able to win close matches on the ATP World Tour despite having a decent game to back them.
Top seeds Leander Paes and Raven Klaasen eased into the men's doubles final with a clinical win over Spain's Pablo Carreno Busta and Guillermo Garcia-Lopez at the Chennai Open tennis tournament.
Spain's World No 5 Rafael Nadal has been ruled out of opening singles rubber against India in their Davis Cup World Group play-off in New Delhi on Friday.
Indian Davis Cup team sweats it out at 'mini cauldron', match timings revised due to tough conditions
India woman's tennis ace, Sania Mirza continues to hold on to her be world number one ranking in doubles, thanks to her consistent performance.
Ramkumar Ramanathan proved his ascendancy in Indian tennis yet again as he knocked out Yuki Bhambri from the ATP Indore Open even as India's top player Somdev Devvarman also made an early exit, in Indore, on Thursday.