Top Pentagon official Frank Kendall will also arrive here tomorrow to give final touches to defence-related content even as the two countries during the Summit meeting between Prime Minister Narendra Modi and Obama in Washington in September had decided to renew for 10 years the defence agreement to start joint development and production of military hardware.
Both countries are working hard to have "excellent" outcomes during the three-day visit of Obama, who will have a tight schedule including talks with Modi, attending Republic Day parade as the Chief Guest, meeting with business leaders, address on 'India and America: The Future We Can Build Together' and a quick visit to Agra to see iconic Taj Mahal.
The two sides are also reportedly working on a proposal for a insurance pool by the domestic Indian companies to offset the financial burden of American entities.
The first meeting of Contact Group had taken place here in December last.