Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group.
"Exactly two years later, the two nations have not only reached an agreement, but created a lifelong partnership between two nations that are committed to democratic principles and the idea of energy independence," he said.
Prime Minister Narendra Modi will leave for the Belgian capital as part of a three-nation tour during which he will attend the Nuclear Security Summit in Washington and visit.
Officials and diplomats in Moscow said the two countries are expected to sign 8-10 agreements covering a wide spectrum of bilateral ties, including cooperation in civilian nuclear field, energy, space and defence.
President Kovind, who arrived in Dhaka earlier in the day on his maiden State visit at the invitation of his counterpart M Abdul Hamid to attend the golden jubilee celebrations of Bangladesh's independence from Pakistan in 1971, held delegation-level talks with him which was followed by a banquet.
Decisions taken during the meeting of Prime Minister Narendra Modi and US President Barack Obama will take the bilateral strategic ties to an "altogether new high", India Inc said.
'Despite frequent high-level interactions there has been little traction on substantive issues between India and France,' says Mohan Guruswamy.
'President Obama will make a historic visit to India in January, becoming the first US head of State to attend India's Republic Day and the only sitting US president to visit India twice.' 'There's little doubt the relationship has been re-energised, with renewed enthusiasm to take our partnership to the next level.'
Iran's top nuclear negotiator Ali Larijani held talks with External Affairs Minister Natwar Singh on Wednesday in New Delhi on strategic partnership, particularly in the field of energy.
President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.
During the visit, the prime ministers will reaffirm the close friendship between the two countries, and discuss ways to further deepen bilateral cooperation.
India announces $1 bln credit line to Mongolia.
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
'Notwithstanding the physical distance, the two countries historically had a convergence of approach and outlook to many international issues.' 'The relationship between the two countries cannot develop or flourish in a vacuum. There should be initiatives at various levels -- at the level of government, Parliament and the people.'
'Alas, the Congress party offers no suggestions as to how to unscramble the omlette it cooked during 2004-2014 on which the Modi government may have since lavishly spread some tomato ketchup,' says Ambassador M K Bhadrakumar.
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
As Prime Minister Narendra Modi reached the White House for the private dinner hosted by President Barack Obama, India and the US on Monday issued a vision statement "Chalein Saath Saath: Forward Together We Go" that called for a joint endeavour for prosperity and peace.
Indian Ambassador to the US Harsh Vardhan Shringla said India has stopped importing oil from Iran after the United States refused to extend exemption from sanctions earlier this month.
PM Modi seems to be gradually ending India's strategic ambiguity
'Prime Minister Modi has initiated a host of reforms in the right direction, and I would like to see that continuing.'
Prime Minister Manmohan Singh on Sunday left for a five-day visit to Russia and China.
Obama and Modi address the media after their talks.
Addressing the media jointly with Modi after hour-long talks at the White House, Obama said it was natural for India and the US, two biggest democracies, to 'deepen and broaden' partnership.
Sharif is accompanied by 11-member high-level delegation that includes senior ministers, Punjab and Balochistan Chief Ministers and top officials.
"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.
Prime Minister Malcolm Turnbull's first State visit to India is an indication of the success of India's Act East Policy, says Dr Rahul Mishra.
'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.
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.
Minister for External Affairs Salman Khurshid speaks about the importance of the fourth edition of the India-US Strategic Dialogue, which he co-chaired with United States Secretary of State John Kerry in New Delhi
National Shiv Shankar Menon asserts that all is well in the India-US relationship. Aziz Haniffa reports from Washington, DC.
Rediff.com's Sheela Bhatt, who is accompanying Prime Minister Manmohan Singh on his trips to Russia and China, notes that Moscow and New Delhi work together professionally and via a shared common approach on crucial issues.
In spite of irritants and hiccups in the relationship, a few deliverables are expected of the prime minister's visit to China, says Rup Narayan Das.
Seeking to boost the strategic ties, India and the US finalised the text of the Logistics Exchange Memorandum of Agreement.
The tour is aimed at boosting India's economic engagement with these nations and inviting more investment.
Australian premier Tony Abbott on Friday said Narendra Modi as Gujarat Chief Minister should not be blamed for the 2002 riots in the state as he was just a "presiding officer" who has been cleared in "endless inquiries".
Secretary of State John Kerry arrived in New Delhi onto participate in the fourth round of Indo-US strategic dialogue even as US announced to invest $100 million in India's burgeoning clean energy sector.
CAATSA was aimed at Moscow and not intended to damage the military capabilities of its 'allies and partners', US said.
The differences between the US and China over rival free trade agreements being floated by them threatened to derail the APEC Summit which got off to a colourful start in Beijing China on Monday.
Text of PM Narendra Modi's press statement after delegation level talks with US President Obama at the Hyderabad House in Delhi.