In his nearly six-hour stay in Jaipur, Macron will also join Prime Minister
In Jaipur, President Macron will visit Amber Fort, Jantar Mantar, Hawa Mahal, besides participating in a road show, officials said, refusing to elaborate further.
The French president's aircraft is scheduled to land at Jaipur airport at 2:30 PM on Thursday and he will depart for Delhi at around 8:50 pm, according to the Ministry of External Affairs.
The road show is scheduled to start at Jantar Mantar area at 6 pm while Modi and Macron are set to begin their talks at 7:15 pm.
Ways to boost bilateral cooperation in a range of areas, including digital domain, defence, trade, clean energy, youth exchanges, easing of visa norms for Indian students are set to be the focus of the talks, sources said.
It is expected that India's proposed procurement of 26 Rafale-M (marine version) fighter jets and three Scorpene submarines would also figure in the talks.
The negotiations for the procurement of the Rafale-M jets and three Scorpene submarines are moving forward "positively", the sources said.
It is not immediately clear whether there will be an announcement on sealing of the two multi-billion dollar deals.
Modi and Macron are also expected to deliberate on expanding maritime cooperation in the Indo-Pacific, the situation in the Red Sea, Hamas-Israel conflict and the war in Ukraine.
On Friday, Macron will witness the Republic Day celebrations as the Chief Guest.
A 95-member marching contingent and 33-member band contingent from France will take part in the parade.
Two Rafale fighter jets and an Airbus A330 multi-role tanker transport aircraft of the French air force will also feature in the celebrations.
The French marching contingent from the French Foreign Legion features six Indians.
President Macron will also attend the 'At Home' reception by President Droupadi Murmu at the Rashtrapati Bhawan.
He is also scheduled to hold a meeting with Murmu at 7:10 pm.
The French president is scheduled to depart Delhi at 10:05 pm on Friday.
Prime Minister Modi was the guest of honour at the prestigious Bastille Day Parade held on July 14 last year in Paris. President Macron visited India for the G-20 Summit in September last.
The defence and strategic ties between India and France have been on an upswing in the last few years.
The two strategic partners also expressed commitment to cooperate in the co-development and co-production of advanced defence technologies, including for the benefit of third countries.
The two sides are also expanding cooperation in the maritime domain, including in the Indian Ocean Region.