"Presenting @ChennaiIPL's Captain - @Ruutu1331," the IPL posted on X shortly after releasing a picture of all captains posing with the IPL trophy.
Gaikwad, who has played six ODIs and 19 T20s for India, made his CSK debut in 2020 and has gone on to represent the five time IPL champions in 52 games.
The stylish opener had a memorable run last year, aggregating 590 runs in 16 games at an impressive strike rate of 147.50.
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"The team looks forward to the upcoming season," the statement added.
Dhoni is expected to retire at the end of the season and therefore the franchise felt the need for a smooth transition in Dhoni's presence as a player.