Watch live: President Biden and India Prime Minister Modi speak at the White House

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President Joe Biden and Prime Minister Narendra Modi of India will hold a joint press conference following their bilateral meeting Thursday.

Later, Modi will deliver remarks to a joint meeting of Congress before the president and the first lady will host the prime minister for a state dinner at the White House.

The leaders are expected to discuss semiconductor manufacturing and defense. U.S.-based Micron Technology has committed to open a $2.75 billion semiconductor assembly in India with Micron footing $800 million and the country's government covering the remainder.

India is slated to announce an agreement to purchase MQ-9B SeaGuardian drones. Additionally, under a new partnership, General Electric will work with India's Hindustan Aeronautics to jointly build F414 jet engines in India.