In a pre-deparature statement, Modi said he will discuss with President Barack Obama how the ties can be taken to a "new level" in the interest of the two countries as well as of the world.
Showering praise on Obama, Modi described his life's journey as "a remarkable testimony" to the rights and opportunities that democracies provide, and an "inspiration" for people around the world.
In his address at the 69th session of the UN General Assembly on Saturday, Modi said he will call for a stronger global commitment and more concerted multilateral action in addressing challenges of fragile global economy, turbulence and tension in many parts of the world, growth and spread of terrorism, the Ebola health crisis in Africa, climate change and eradication of poverty.
"I will also stress the urgency of early reforms in the United Nations, to ensure that it remains relevant and effective in dealing with the challenges of the 21st Century," he said.
Noting that India has been showing unwavering commitment to multilateral processes to advance peace and security and promote inclusive economic growth, he said India's contribution to UN peacekeeping operations over decades was a strong testimony of its efforts in helping the world body realise its objectives.
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