Jones, considered to be one of the greatest batsmen of his generation, had been commentating on the Indian Premier League (IPL) in Mumbai and his sudden death prompted tributes from across the world.
“We express our deep condolences to his family and stand ready to support them in this difficult time,” read the statement from Star India.
Jones played 52 Test matches and 164 one-day internationals for Australia in a glittering international career that spanned 10 years.
He won the World Cup with his country in 1987 and was inducted into the Australian Cricket Hall of Fame just last year.
Australian Prime Minister Scott Morrison was quick to pay his respects to “an absolute cricketing legend.”
Tributes pour in
One of Australia’s current cricket captain Aaron Finch said he was still in shock after hearing the news and sent his thoughts to those closest to Jones.
They were thoughts echoed by Indian cricket legend Sachin Tendulkar, who said he was greatly saddened by the news.
“May his soul rest in peace and my condolences to his loved ones.”
Jones retired from all forms of cricket in 1998 before embarking on a career as a coach and commentator.
Perhaps his most memorable career moment was against India in 1986, when he battled heat exhaustion to record a staggering double century.