The meeting will mark Modi's first visit to Washington since his Bharatiya Janata Party (BJP) swept to a crushing victory in May elections. The White House said the talks would "deepen the US-India strategic partnership."
"The two leaders will discuss a range of issues of mutual interest in order to expand and deepen the US-India strategic partnership," said a White House statement.
"They will discuss ways to accelerate economic growth, bolster security cooperation, and collaborate in activities that bring long-term benefits to both countries and the world.
"They will also focus on regional issues, including current developments in Afghanistan, Syria and Iraq, where India and the United States can work together with partners towards a positive outcome.
"The president looks forward to working with the Prime Minister to fulfil the promise of the US-India strategic partnership for the benefit of both our citizens and the world."
Modi was told in 2005 by the previous administration of President George W Bush that he would be refused a visa to visit the United States after being accused of not intervening to stop riots by when he was chief minister of Gujarat.
But when it became clear last year that he was positioned to become India's next PM, the current White House, which sees India as a key pivot in its policy of rebalancing diplomatic power towards Asia, signaled that Modi would have no problem setting foot on US soil.
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