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> Many people think of North Indians as the de-facto "business" class in India,

It's not "North Indians" that people think of but rather "West Indians". Virtually all of the states along the western coast of India can claim to be merchant class because they were trading with places like Europe, Central Asia and the MIddle East.

The majority of trade with East Asia seems to have been done by those on the east coast, notably Telegu, Tamils and the Sri Lankans. There are mountains in the way for substanial land-based trade between Myanmar and China, but I assume that Nepalis/Myanmar/Tibetans also had a role in connecting India and East Asia. Interestingly India has much for cultural and social synergy with East Asia despite this.



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