For the first time after his recent electoral victory, Indian Prime Minister Narendra Modi visited Washington Tuesday in a bid to strengthen ties between the two nations.

"The meeting was very important because this provides an opportunity to reset the US-India relationship," RAND Corporation's senior political scientist Jonah Blank told Xinhua.

Blank said that while US President Barack Obama met a lot of world leaders at the UN General Assembly last week, inviting Modi to come to Washington to meet with him, and also to meet with Vice President Joe Biden and Secretary of State John Kerry "is a level of attention that few other leaders get."

India, the world's second largest nation, has received too little attention from Washington in the past and the Obama administration is perhaps deciding India should receive more attention going forward, Blank argued.

The reformist and pro-business Modi, who last May clinched his country's elections in a landslide victory, is viewed by supporters as someone who could inject new blood into Indian economy, as Modi has overseen significant economic growth when he served as chief minister of the Indian state of Gujarat.

Milan Vaishnav, South Asia associate at the Carnegie Endowment for International Peace, said the primary objective of Modi's visit to Washington "was to indicate that India, once again, is 'open for business."

Speaking to nearly a dozen US company chiefs Monday, the premier said he is committed to liberalizing his country's economy.

Modi wanted to signal that India has turned a corner and that business, including foreign capital, will be welcome in India on his watch, Vaishnav told Xinhua.

Modi succeeded in convincing US-based firms of his intent, but real dollars will only flow into India if he is able to translate his rhetorical commitment into policy reform on the ground, he added.

Currently, critics fret over what they bill as India's gradual economic decline -- or at least a slowdown in the country's past breakneck speed of economic growth. While the Indian economy grew 3.2 percent last year -- nothing to sneeze at -- it's still a steep drop from the booming growth of 5.1 percent in 2012 and 7.5 percent in 2011.

Obama and Modi also discussed security issues during Modi's two-day visit, as US forces are slated to withdraw soon from embattled Afghanistan. India, located close to the war-torn country, wants assurances that the US will not simply relegate the region to the back burner after withdrawing its troops.

Speaking at the Council on Foreign Relations in New York on Monday, Modi cautioned against withdrawing US combat troops at too rapid a clip, urging the US not to "repeat the mistake you did in Iraq," referring to a troop pullout that critics now blame for the rise of the Islamic State -- a terror group that has overtaken large swaths of northern Iraq.

"Because after such a rapid withdrawal in Iraq -- what happened there -- you know. So the withdrawal process in Afghanistan should be very slow," Modi said.

Indeed, the meetings occur at a time when radical Islamist terror movements are growing worldwide. Both India and the US have fallen victim to terror attacks within their borders -- the two most infamous ones being the Sept. 11, 2001 attacks on New York and Washington and the 2008 Mumbai terror attacks that shook India's financial capital.

Some in India fret that Afghanistan will once again become a haven for terrorists in the region, as it was for al-Qaida in the lead up to the 9/11 attacks that killed nearly 3,000 victims, and India could be a prime target for such attacks.

During the meeting, the two countries have also agreed to boost their bilateral trade and implemented several initiatives on security, trade, climate change and investment, according to the White House.

Rather than a meeting to produce earth-shattering new announcements or ground-breaking initiatives, the talks are to leave open communication channels for the two economic powerhouses.