The men's and women's World T20 event will simultaneously be hosted in Sri Lanka from September 19 to October 7. And Mithali wants to go all the way to the title this time.
"It would be great to win the ICC Women's World Twenty20, the closest we have got to the title is the semi-final stage and we know we have the ability to go further," she said before the India-England T20 International match here on Tuesday.
She added: "The fact the tournament is being played in Sri Lanka will help us immensely as the sub-continent conditions are ones that we know and do well in as a team." A captain's performances can be inspiring for any team and Mithali needs to lead from the front.
"Of course we would love to win the ICC Women's World Twenty20 Sri Lanka 2012, and make the whole of India proud. The men won the tournament in 2007 and then won the ICC Cricket World Cup 2011 so hopefully this time around it will be both the India women and men bringing home the ICC World Twenty20 trophies," she said.
Mithali posed in front of men's and women's T20 World trophies along with England captain Charlotte Edwards.
Edwards led the England women's team to the trophy in 2009 and said she wanted to reclaim the trophy. They failed to retain the title in the West Indies in 2010.
"We had a disappointing tournament in 2010 in the Caribbean and this year is about rectifying that and claiming back the trophy we won in front of our home supporters in 2009," Edwards said.
"We've got a new look side that has been working hard over the last year to ensure we've got a good amount of match practice and we're ready for Sri Lanka later this year. We want to be in that final on October 7 in Colombo and ultimately lifting the trophy once again."