The two PMs may also explore ways to further deepen ties between the navies of the two countries to check China's heightened activities in the Indian Ocean.
The camaraderie between Modi and Obama has taken the India-US relationship to unprecedented and transformative levels.
"As Prime Minister (Narendra) Modi said in his latest campaign, 'Modi hai to mumkin hai,' or 'Modi makes it possible', I'm looking forward to exploring what's possible between our people," Pompeo said in his major India policy speech at the India Ideas Summit of US-India Business Council on Wednesday.
Indian and American experts on Wednesday held detailed discussions on a range of implementation issues, including administrative, liability, technical and licensing matters to advance the operationalisation of Indo-US civil nuclear cooperation that has been in limbo for past 9 years.
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
'While high-level interventions may help smoothen inter-State relationships, they cannot fundamentally change the alchemy of such relationships, which are firmly rooted in mutual benefits and mutual interests,' points out Ambassador M K Bhadrakumar.
'Modi's role at Paris last year is a testament to his willingness to take a political risk to do what he thinks is right, not just for his country, but for the planet'
About 4 GW of new nuclear power capacity is under construction in India
The agreement was reached in intensive negotiations between contact groups that Obama and Modi had set up in September.
The prime minister said that a larger Indian economy has multiple benefits for the world
So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.
The landmark civil nuclear deal sealed on Friday with Japan is strikingly similar to the agreements India has with the US and some other countries but contains some added features on safety and security, reflecting Japan's concerns on the issue.
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
Seeking to boost the strategic ties, India and the US finalised the text of the Logistics Exchange Memorandum of Agreement.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
India is expected to strongly push for a bilateral totalisation agreement with the US during President Barack Obama's visit later this month.
Reflecting concern about Internet security, the United States has said it won't tolerate government-sponsored cyber theft of trade secrets even as it brought cyber-espionage charges against China's five military officers for allegedly stealing classified corporate information.
'This is the first time that the Americans have agreed to refer to "cross-border terrorist attacks" in a joint statement.' 'No wonder Pakistan has called the joint statement "singularly unhelpful" and has blasted it, and its all-weather friend China has applauded Pakistan's frontline role in combating terrorism,' points out former foreign secretary Ambassador Kanwal Sibal.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
Weeks after 'breakthrough', substantial work is yet to be done
On the final day of Prime Minister Narendra Modi's visit to the US, that country on Tuesday extended its Defence Cooperation Agreement with India by another 10 years. The pact, which was to expire in June next year, will now be in force till 2025.
India and the United States have reached the first commercial agreement on civilian nuclear power, five years after a landmark deal between the two countries was clinched.
A top Obama administration official on Thursday said that though some progress is being made in the implementation of the Indo-US civilian nuclear deal, it is going to be a long and tough road to work through the issues related to India's nuclear liability law.
'One thing I've learned about nuclear power is that these are not fast kind of time-lines.'
Secretary Tillerson met with Foreign Secretary Jaishankar on Friday to discuss the US-India relationship and the agenda for Prime Minister Modi's meetings at the White House on June 26, a State Department spokesman said told PTI.
"It is a reflection of the bipartisan support in the US to the relationship with India. It is also a reflection of the value people attach to this relationship," Singh said.
Funding Indian start-ups has slowed down.
Delhi's inability to open up a new canvas with Pakistan and Sharif is symptomatic of its sluggish thinking. Jyoti Malhotra analyses
There are many reasons for Japan to turn a deaf ear to its anti-nuclear lobby and concentrate on its geo-strategic imperatives to sign the nuclear deal with India, says Debalina Ghoshal.
The Indo-Japanese nuclear deal may not come easy considering India's Civil Nuclear Liability Act provisions which had earlier put off suppliers like General Electric, says Debalina Ghoshal.
Here's why Rajeev Srinivasan believes there will be nothing particularly positive about the prime minister's US visit.
'By the time he came out after nearly five hours, he had a one-to-one conversation with the President, a delegation-level meeting, a reception, a dinner, a tour of the White House and a joint statement of a kind none of his predecessors ever had,' says Ambassador T P Sreenivasan.
Swaraj said there is scope to do a lot more and this would be an important element of their deliberations.
'Pakistan has to take responsibility and start cracking down on terrorists.'
Regulating the internet only as a medium is somewhat similar to regulating electricity only as a driver of the TV industry
India on Thursday bluntly told the US that surveillance of political leaders and others in India by the American intelligence was "unacceptable" to which the US responded by saying that any differences that may exist can be resolved by intelligence communities of the two countries.
Here is the full text of the joint statement issued by India and the US.
At no other time has a single meeting of the leaders of two democracies been so critical and hazardous.
The United States on Monday assured India that its concerns over Taliban insurgents gaining legitimacy without severing their terror links will neither be "overlooked or undermined" during the talks with the Islamic fundamentalist group.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
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