The victor of Thursday's match will play in the sell-out final at Lord's on Sunday against tournament hosts England, who defeated South Africa by just two wickets in the first semi-final at Bristol on Thursday.
India - Mithali Raj (captain), Ekta Bisht, Rajeshwari Gayakwad, Jhulan Goswami, Mansi Joshi, Harmanpreet Kaur, Veda Krishnamurthy, Smriti Mandhana, Mona Meshram, Shikha Pandey, Poonam, Nuzhat Parween, Poonam Raut, Deepti Sharma and Sushma Verma.
The toss was held after a delay of nearly three-and-a-half hours due to rain and the match has been reduced to 42 overs per side. "I won't probably be shackled, but I could play more positively tomorrow because I am confident that batters coming after me have runs and the ability to come along", she said. But come Thursday, the Mithali Raj-led Indian team will be aiming to end the losing streak against Australia.
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Gayakwad had been benched for a while but didn't disappoint when she finally got a chance against New Zealand.
She has scored 226 runs in the tournament so far and if Law of Averages is anything to go by, she is set for a big knock today. There were no boundaries and her partner Mithali Raj was doing the same. In the past 42 times that India has played Australia in One Day Internationals, Australia has won 34 and India has won eight matches. It drew comparisons with Kapil Dev's historic 175 against Zimbabwe at Tunbridge Wells during the 1983 campaign with members of the men's team, including skipper Virat Kohli, showering accolades on her.
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Such was the ferocity of her attack, that the Kaur got to her third ODI hundred in just 90 balls before launching most of the Aussie bowlers out of the park. The six-time world champion Australia have been clinical throughout the tourament with just one loss to its name. But, Pandey had her caught before any more danger.
Kaur then took out her anger on the Australian bowlers, hammering 23 off a Gardner over before taking 19 from six Schutt deliveries.
England will learn the identity of their World Cup final opponents on Thursday as Australia and India square off in Derby, live on Sky Sports Cricket and Sky Sports Mix.
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The minimum number of overs required to constitute a match is 20, with the cut-off point for play to start at 4:38pm (1538 GMT).