Olympic silver-medallist P V Sindhu and Singapore Open Champion B Sai Praneeth also entered the second round but it was curtains for four other singles player, including giant- slayer H S Prannoy.
Srikanth continued his good form by defeating Chinese Taipei's Kan Chao Yu 21-13 21-16 in the men's singles opening round while Sai Praneeth had to sweat it out to register a hard-fought 10-21 21-12 21-10 win over Indonesia's Tommy Sugiarto.
Srikanth will next play top seed Son Wan Ho of Korea, while Sai Praneeth will be up against Huang Yuxiang of China.
Olympic silver-medallist P V Sindhu saw off Indonesia Super Series Premier champion Sayaka Sato of Japan 21-17 14-21 21-18 in a match that lasted an hour and five minutes.
The fifth seeded Indian will face China's Chen Xiaoxin, who ended Ruthvika Shivani Gadde's gallant fight in another match. Shivani fought for an hour before losing 17-21 21-12 12-21 to Chen.
Young men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty dished out a gritty performance to knock out Hong Kong combo of Law Cheuk Him and Lee Chun Hei Reginald 20-22 21-19 21-11.
However, it was curtains for HS Prannoy, who lost in the semi-finals in Indonesia, Ajay Jayaram, Parupalli Kashyap and Siril Verma in the men's singles first round.
Up against seventh seed Ng Ka Long Angus of Hong Kong, Jayaram fought hard before losing 14-21 21-10 21-9.
Young Siril Verma was shown the door by Hans-Kristian Solberg Vittinghus of Denmark 16-21 8-21 while Prannoy lost 19-21 13-21 against Rajiv Ouseph of England.
The Indian men's and women's doubles pairs too endured a mixed campaign.
The men's doubles pair of Francis Alwin and Tarun Kona lost in the opening round 17-21 15-21 to Indonesian-Malaysia combination of Hendra Setiawan Boon Heong Tan, Manu Attri and B Sumeeth Reddy were knocked out 20-22 6-21 by third seeds Takeshi Kamura Keigo Sonoda of Japan.
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