The Rajasthan team, which won the inaugural edition of the Twenty20 tournament in 2008, finished an unimpressive sixth last year when the event was organised in South Africa.
"We finished sixth in the Indian Premier League previous year in South Africa. But we were the champions in the first edition and I wish the team will move up once again when the third edition takes place, " Shilpa said.
The tournament is commencing from March 12 and Rajasthan Royals will open their campaign by taking on Mumbai Indians in an away match the next day.
Shilpa, who was here with team`s co-owner and husband Raj Kundra, took part in an environmental awareness programme along with all the Rajasthan Royals players, including captain Warne.