"This is a very important relationship with a very important country that we have in the world," White House Press Secretary Robert Gibbs said. "That's why India was chosen to be the first visit. I think that's why the White House wanted to have something as formal as this to discuss throughout this process the issues that we have bilaterally."
On Tuesday, Obama and Singh held bilateral meetings to discuss a range of issues between the two countries, including counterterrorism, the economy, energy, and climate change.
Singh is no stranger to the pomp and circumstance of being honored with an official White House state dinner. In 2005 he was so honored by President Bush.
ABC News' Devin Dwyer contributed to this report.