It is anticipated that the negotiations would also touch on India's planned acquisition of three Scorpene submarines and 26 Rafale-M (marine variant) combat aircraft.
PM Modi and Macron are expected to start their discussions at 7:15 p.m., while the roadshow is planned to begin in the Jantar Mantar area at 6 p.m.
The day will end at Rambagh Palace where PM Modi will host a private dinner for Macron. After that, the French President will head to Delhi for the Republic Day parade.
He is scheduled to take part in the Republic Day celebrations on Friday, January 26, starting at 10:30 am, at Kartavya Path in Delhi.