Punjab Sports Minister Rana Gurmit Singh Sodhi made the announcement after India beat Germany 5-4 in the bronze play-off.
India were 1-3 down in the match and Reid said one of the things that has been worked on during his stint was to never lose hope of a comeback.
The Indian men's hockey team ended the 41-year-wait for an Olympic medal, winning the bronze medal in Tokyo.
The Indian men's hockey team won its first Olympic medal in 41 years as the side beat Germany to win bronze in Tokyo.
Bollywood and sports enthusiasts can't stop comparing India women's hockey team's win at the Olympics to Shah rukh Khan's Chak De! India. As the team made their way to the semifinals, the cast of the sports drama shared heartfelt posts.
Reid highlighted that getting two green cards and one yellow card in the game against Great Britain is something India must avoid when they face Belgium.
PV Sindhu will meet Denmark's Mia Blichfieldt for a place in the quarterfinals, while Mary Kom will also be in action on Day 6 of 2020 Tokyo Olympics.
Argentina, currently ranked seventh in the world, are placed at the fourth spot with one win, a draw and a loss respectively.
India men's hockey team made a winning start to the 2020 Tokyo Olympics, beating New Zealand 3-2 in their Group A game.
Having made his debut for the senior side way back in 2013, Mandeep is the most experienced striker in the Indian team.
In the upcoming Olympics starting from July 23, eight-time hockey champions India will look to break their over four-decade-long podium jinx.
Such was India's hockey dominance in the era that even after a 7-0 win against the USA and a 9-0 win against Japan, the media spoke about how "if Germany wins, it will be a lesson to India that she deserves."
Traditionally, hockey teams in Olympics comprise 16 players each but the IOC has made an exception this time, allowing two extra players in squads for the COVID-hit Summer Games.
Manpreet knows it won't be easy to clinch the country's ninth Olympic hockey gold and first since the 1980 Moscow Games. But he believes a concerted team effort can achieve even the impossible.
Apart from India and host Spain, the other teams in the fray are Canada, Ireland, Italy, Japan, Korea and South Africa.
The centre-forward, who was a member of the Indian team during the 1988 Seoul and 1992 Barcelona Olympics, said on Wednesday that this team has "its own style of play."
A two-time Olympic gold-medallist (1948, London and 1952, Helsinki), the 95-year-old Datt died after battling age-related ailments in Kolkata on Wednesday.
The Two-time Olympic gold medallist died around 12.30 am at his residence in Santoshpur, Kolkata.
Australia and The Netherlands are at the top of the men's and women's rankings respectively.
Reid is of the view that Indians, in general, are unaware of their own mental fortitude.
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