The India-US Strategic Dialogue will be on Thursday as US Secretary of State John Kerry arrives on Wednesday.
The visit will take place till August 1. He will meet Prime Minister Narendra Modi and others.
Kerry, to also visit Bangalore, is expected to extend US President Barack Obama's invitation to visit the US in September when the United Nation General Assembly meeting takes place.
The dialogue, launched by the previous secretary of state, Hillary Rodham Clinton, is held every year alternately in India and the US.
This is the first time the dialogue will be held consecutively in India. Last year Kerry had visited India when the United Progressive Alliance (UPA) government was in power.
External Affairs Minister Sushma Swaraj and Kerry will co-chair the fifth dialogue, which will take into account some matters that have hampered bilateral ties following the row over Indian envoy Devyani Khobragade.
The US government and American companies have been protesting some of India's trade and industrial practices. They have voiced concerns over the domestic procurement policy.
The US is upset over India's intellectual property laws and has decided to conduct out-of-cycle reviews under the Special 301 Report.
In the last couple of years, the US Food and Drug Administration (FDA) has intensified its actions against Indian drug companies, specially Ranbaxy. India is the largest drugs supplier to the US.
FDA chief Margaret Hamburg, who visited India from February 10 to 18 had told India to adhere to American standards if it wanted to increase its presence in the US.
The previous meeting of India-US Financial and Economic Partnership was in Washington in October where US firms had been vocal about the "deteriorating innovation climate" in India.
American companies have been miffed ever since the controller general of patents, designs and trademarks decided to grant compulsory license to Natco Pharma to produce and sell generic versions of Bayer-Onyx's cancer drug Nexavar.
India and the US are negotiating a Bilateral Investment Treaty (BIT). In the last year, there had been 70 exchanges of senior-level visits, including the visits of US Vice-President Joe Biden and Secretary of State John Kerry. In September former prime minister Manmohan Singh had visited the US and had his third summit meeting with President Obama.
