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Satwik broke a decade-long record set in May, 2013.
H S Prannoy, the highest-ranked Indian men's singles player in the world, retained his position at No. 9.
The Indian pair rallied to down South Korea's Kang Min-hyuk and Seo Seung-jae 18-21, 21-19, 21-18 in the semifinals.
Kidambi Srikanth went down fighting to China's Li Shifeng 14-21, 21-14, 12-21 in the quarterfinals.
The 2022 World Championships bronze medallists scripted a sensational comeback after an opening game reversal to edge past the Malaysian combination of Ong Yew Sin and Teo Ee Yi.
The men's doubles pair will take on Malaysian pair of Ong Yew Sin and Teo Ee Yi in the final on Sunday.
Earlier, ace singles players PV Sindhu and HS Prannoy exited in the quarterfinals.
The second-seeded Indian pair defeated the unseeded Chinese duo of Ren Xiang Yu and Tan Qiang 21-19, 24-22 in the summit clash.
In the semifinals, the Indian pair defeated Ong Yew Sin and Teo Ee Yi of Malaysia, 21-19 17-21 21-17.
They will face the Malaysian pair of Ong Yew Sin and Teo Ee Yi in the semifinals.
Results 31-40 of 68
