Mumbai Indians currently have 17 players in their squad for IPL 2024, including 4 overseas players.

The team has the potential to secure a maximum of 8 players at the auction, with 4 of them possibly being overseas players. 

The IPL 2024 Auction is set to take place on December 19 at Dubai's Coca-Cola Arena, featuring 333 players, including 214 Indian prospects. 

Mumbai Indians, the five-time champions, have been active in the lead-up to the auction, reacquiring Hardik Pandya and appointing him as captain after ending Rohit Sharma's ten-year captaincy. 

The team's budget for the IPL 2024 auction is Rs. 17.75 crore. 

While the batting lineup, including Indian talents and Tim David, seems strong, the bowling unit, especially in the spin department, lacks depth. 

Veteran spinner Piyush Chawla is the only experienced spinner in the squad, highlighting the need for reinforcement in this area. 

The pace department needs improvement, with notable releases of Jofra Archer, Chris Jordan, Riley Meredith, and Jhye Richardson, indicating a need for revamp. 

Mumbai Indians have retained key players like Akash Madhwal, Jasprit Bumrah, Rohit Sharma, Surya Kumar Yadav, and Hardik Pandya. 

The team has released several players, including Chris Jordan, Jofra Archer, and Riley Meredith, as they strategize for the upcoming auction.