The potential for a clash between "Make in India" and Trump's pledge to put "America First" by bringing jobs and manufacturing back to the U.S.is obvious.
But Trump administration officials have pointed to both leaders' impact on social media - each has more than 30 million Twitter followers - as proof they are cut from the same cloth, and they predicted the two would get along well.
Despite the obvious opportunity, the relationship is tense and the talks may not be easy.
Addressing the Indian diaspora here as the "members of family", Prime Minister Narendra Modi promised of a developed India in their lifetime.
Following the interaction, the prime minister said in his speech to the Indian community in Washington: "The government in three years has been blemishless. India has four decades' experience in fighting terrorism, and we share the USA administration's determination to defeat this scourge".
Modi is now on a visit to the US. "Probably this was the reason why no nation raised a finger or tried to question us when he went in for surgical strike as this realisation has dawned on the world community that terrorism is an enemy of mankind", he said. Modi told them that his government was working on principles such as Minimum Government, Maximum Governance. In a concrete indication of that, the U.S.is set to offer a $2 billion sale of USA -made unarmed drones to help in surveillance of the Indian Ocean.
While progress is expected in defense trade and cooperation, there are frictions elsewhere. Since 2008, India has signed more than $15 billion in United States defense contracts, including for C-130J and C-17 transport aircraft, P-8I maritime patrol aircraft, Harpoon missiles and Apache and Chinook helicopters.
PM Modi, during his meeting with the CEOs of top 20 American firms, also said that India attracted the largest amount of foreign direct investment (FDI) as a result of the NDA government's policies in the last three years. One of the key concerns on the Indian side is the issue of H1B visas for Indian professionals. The Indian diaspora overseas has possibilities and exposure.
The Trump administration says it wants to provide India the kind of defense technology it does to the closest USA allies. Modi appreciated the role played by Indian Diaspora in contributing towards economy growth of United States. "Indian-Americans have really embraced innovation, entrepreneurship, founding 15 percent of the start-ups in Silicon Valley", she noted.
"I think everyone is excited to invest more in India and I am excited as to what we all can do together".
In his concluding remarks, PM Modi stressed the importance of cooperation between the two countries for start-ups, innovation and for tapping the enormous potential that India has for intellectual, educational and vocational training.
The relationship had an impact on the China-US relations as well.
"Even the closest of USA allies are under scrutiny from Washington and India can't have a one-sided affair anymore. But, we are also interested in continuing our cooperation with Pakistan".
"This is a very significant step in strengthening relations between the two countries".