After opting to bat, Rohit Sharma struck 56 off 31 balls while Ishan Kishan made 29 off 21 balls as India posted 184 for seven.
Guptill averages a little over 30 while Kohli is way ahead of him on that front with an average of 52.
Ashwin was effective in the T20 World Cup and on Wednesday changed the course of the first T20 by removing two New Zealand batters in the same over.
Considering how both Australia and New Zealand won their respective semifinals against fancied opponents, one can expect another dramatic finish at the 'Ring of Fire'.
Opener Martin Guptill blazed away to a 56-ball 93 to set up New Zealand's 16-run win over Scotland, who put a fight after being set a stiff target of 173.
Guptill became only the second batter after Indian captain Virat Kohli to cross 3000 runs in T20 Internationals.
Asked to bat first, New Zealand were off to a brisk start with Guptill leading the way in the company of Daryl Mitchell.
New Zealand have already lost pace bowler Lockie Ferguson to a calf muscle tear and he was unable to take the field in the game against Pakistan.
Guptill hurt his toe after being hit by a Haris Rauf delivery during his side's five-wicket loss to Pakistan here on Tuesday night.