Royal London Cup News
Iyer is regarded as one of the most attacking and fluent stroke players in the Indian ranks.
Shreyas is a star name of the Indian Premier League (IPL) and captained Delhi Capitals to the final last year.
The signing of Shreyas Iyer signals the latest step in Lancashire's long association with Indian cricket, which stretches back more than 50 years when India wicketkeeper-batsman Farokh Engineer joined the county in 1968.
The change will not affect the Vitality Blast T20 competition which already allows teams to field two foreign players.
The 2019 Ashes series is slated to take place from August 1 to September 16.
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