"As far as the US is concerned, we have certainly reached a level of no return. In other words, we have developed today what we call a Comprehensive Global Strategic Partnership. "We are cooperating across the board on areas that are of mutual interest to both our countries," said Shringla.
'India has a strong and proud tradition of strategic autonomy, and we respect that'
The two leaders agreed to work closely to further advance the India-US Comprehensive Global Strategic Partnership, built on shared values and common interests, it added.
While the two leaders have met earlier when Biden was the Vice President of the country, this is for the first time that Biden will be meeting Modi after he became the 46th president of the US in January.
US Secretary of State Michael Pompeo and Defence Secretary Mark T Esper will visit India on October 26 and 27 for the high-level dialogue aimed at further boosting defence, security and global strategic ties between the two countries.
Describing India as one of the most important partners of the United States in the Indo-Pacific region, the Biden Administration on Tuesday said that it welcomes India's emergence as a leading global power and its role as a net security provider in the region.
Donald Trump, accompanied by wife Melania and a high-level delegation, visited India earlier this week.
The virtual meeting comes in the midst of some disquiet in Washington over India's position on the Ukraine crisis as well as its decision to procure discounted Russian oil.
United States Secretary of State Antony Blinken has said that he had a productive meeting with visiting External Affairs Minister S Jaishankar during which they discussed the bilateral ties, COVID-19 relief efforts, India-China border situation and Afghanistan and vowed to work together to address areas of shared concern.
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.