US President Barack Obama called Prime Minister Narendra Modi and the two reviewed the significant progress in India-US relationship, an official statement said.
"Narendra Modi received a telephone call from US President Barack Obama yesterday (Wednesday) evening," it said.
The two leaders reviewed "with satisfaction the significant all round progress and cooperation in ties between India and the US in the past few years".
According to the statement, Modi also thanked President Obama for "his strong support and contribution to strengthening the strategic partnership between India and the US."
"He conveyed his best wishes to President Obama in his future endeavours," it said.
Obama will step down as the 44th President of the US on Friday. Real-estate mogul Donald Trump will be sworn-in following his departure.