Cit view of Mamallapuram in southeastern India Photo: Cao Siqi/GT
For about eight centuries, Mamallapuram flourished as a business hub in the Bay of Bengal and a gateway for exports and imports from China to Tamil Nadu, said Satyendra Kumar Upadhyay, director of international relations at the Mumbai-based Somaiya Vidyavihar University.
"The agreement between Chinese rulers and Pallava King Raja Simhan II or Narasimhavarman II during the early eighth century was the first strategic security pact between two kingdoms," he said.
There are about 12 to 15 Chinese companies operating in Tamil Nadu now but the number is expected to increase, Satyendra noted.
Chennai has attracted Chinese manufacturers including Lenovo and Huawei.
There is a growing interest among Chinese companies to invest in India especially under the "Make in India" initiative, as labor costs are relatively cheaper than in China.
They foresee opportunities in the growing cooperation in the combination of Chinese technology and Indian manufacturing.
Indian entrepreneurs say they are full of expectations from the summit as a boost for business confidence.
"Dialogue and cooperation are conducive to eliminating misunderstandings and differences," said Naresh Kumar Rawal, managing director of Olectra Greentech Technology Company, an Indian electric vehicle manufacturer.
"This meeting will inspire entrepreneurs from both countries to further deepen bilateral cooperation," he told the Global Times.
In 2015, Olectra Green Technology and China's electric vehicle manufacturer BYD forged a partnership.
The two companies jointly set up a factory to design and manufacture electric buses in Hyderabad, India.
New arenas of cooperation
Indian scholars believe the summit will help establish strategic communication between the two leaders, build consensus on certain issues and give overall direction to bilateral relations.
The Wuhan informal summit marked the rebalancing of India-China relations in an atmosphere that was tense and dangerous in the wake of the Doklam military border standoff.
Modi was the only foreign dignitary received by President Xi first in Xi'an, Northwest China's Shaanxi Province and then in Wuhan, a departure from protocol as both leaders lend a personal touch to diplomacy, said Bali Ram Deepak, director of the Centre for Chinese and Southeast Asian Studies at Jawaharlal Nehru University in New Delhi.
"Inviting President Xi for another summit in India is an indication that both sides have formalized these informal summits," Deepak told the Global Times.
The informal summit assures that the leaders get enough space for one-on-one discussions so as both get to know and understand each other better, he said, noting that it was not limited to discussing bilateral issues alone, but also the overall, long-term and strategic issues concerning the future development of India-China relations, providing them correct direction, setting new goals and opening new arenas of cooperation.
Ding Xuezhen contributed to this story