Schwarzenegger even gave the film an imaginary title "King Conan", inspired from the film franchise "Conan the Barbarian" and "Conan the Destroyer".
"Shankar is a great filmmaker. He comes up with superb special effects in his films. I would love to work with him someday. Let's make 'King Conan', Shankar," Schwarzenegger told reporters.
The makers of the film organised a special bodybuilding act featuring a dozen local bodybuilders as a tribute to Arnold, who is a bodybuilding legend.
The "Terminator" series star, who watched in awe, congratulated all of them. He was also happy that Shankar had featured them in the film.
"It's great to see all this talent. It reminds me of my olden days. It's wonderful that Shankar has given them a chance to star in the movie," he said.