Saina, the top seed, opens her campaign at the $275,000 event against a qualifier on Wednesday.
The possible rematch of the All England final between Saina and Carolina is what people are hoping for.
Saina and Marin have played each other twice this year both winning once. The Indian winning in the Syed Modi Grand Prix gold, while Marin won at the All England Championships.
Both should cruise untill the quarterfinal stage where Saina should face Pai Yu Po of Chinese Taipei and Marin could face sixth seed Okuhara Nozomi of Japan.
Men's new sensation Kidambi Srikanth, the Swiss Grand Prix Gold winner, starts as the second seed behind Denmark's Jan O Jorgensen.
The 22-year-old and World No. 4, Kidambi, will be hoping to carry his good form into the tournament this week.
Srikanth will open his campaign with a clash against Thai Tanongsak Saensomboonsuk, ranked world No. 19.
Commonwealth Games champion Parupalli Kashyap, who has recovered from injury, will also be a top contender for the title.
Kashyap will face Chinese Taipei's Hsu Jen Hao. The Indian lost to Hsu in the Badminton Asia Championships last year.
In other matches, Indonesia GP gold winner HS Prannoy will take on Israel's Misha Zilberman, B Sai Praneeth faces sixth seed Viktor Axelsen of Denmark, Ajay Jayaram will play Hong Kong's Hu Yun and Anand Pawar wil will be up against a qualifier.
In women's singles, the youngsters Rituparna Das, Tanvi Lad, Saili Rane, Shruti Mundada, P C Thulasi, Riya Pillai and Gadde Ruthvika Shivani will be looking to cause a few upsets.
National men's doubles champions Manu Attri and B Sumeeth Reddy and 2011 world championship bronze-medallist Jwala Gutta and Ashwini Ponnappa are also in the fray.
Attri and Reddy will face seeds Kenichi Hayakawa and Hiroyuki Endo of Japan.
In women's doubles, Jwala and Ashwini face the sixth-seeded Chinese pair of Ou Dongni and Xiaohan Yu.
Men's third seed and five-time world champion Lin Dan open's his campaign against Chinese Taipei's Tzu Wei Wang.
Top seed Jan O Jorgensen is up against Japan's Sho Sasaki and possibly an all-Danish clash in the quarterfinals against sixth seed Axelsen.