TEHRAN, Feb. 12 (Xinhua) -- Iran's President Hassan Rouhani will visit India on Thursday for an official visit at the invitation of Indian Prime Minister Narendra Modi, state TV reported on Monday.

During the three-day visit, Rouhani will discuss regional and international developments as well as bilateral economic ties.

India and Iran have friendly relations in many areas. There are significant trade ties, particularly in crude oil imports into India and diesel exports to Iran.

Iran is the second largest supplier of crude oil to India, supplying more than 425,000 barrels of oil per day, and consequently India is one of the largest foreign investors in Iran's oil and gas industry.

On 22 May 2016, Prime minister Narendra Modi paid an official visit to Iran. The visit focused on bilateral connectivity and infrastructure, an energy partnership, and trade.