Ponting, who has spoken on the sacking issue for the first time, feels it is a "drastic" move by coach Mickey Arthur and team management but a right one. Watson, James Pattinson, Mitchell Johnson and Usman Khawaja were sacked for failing to do a presentation on how to improve team performance.
Ponting hit a century for Tasmania in a Sheffield Shield match against Victoria on Thursday and later he spoke to the Australian media on the crisis in India.
"Shane (Watson) worked as hard as anybody around his cricket, there's no doubt about that," Ponting was quoted as saying by "Fox Sports."
"He's obviously made a blue here - I don't like to refer to it as homework because it wasn't homework - not getting his tasks done that were given to him by the coach. I've never known him to be anything other than a very good team player and a great bloke to have around your team, he added.
"I loved every moment that I played with Watto," he said.
"To tell the truth I think I understood him and his personality as well as anyone that I ever played with. I tried to get as close to him as I could. I tried to know him as well as I could both on and off the field and I actually felt by doing that I got as much out of him as I could as a player."