James will share driving duties with the team's race drivers Paul Di Resta and Adrian Sutil, across the three days.
James has already driven the VJM06 during straight-line aero testing. The Silverstone test will allow the 24 year-old to complete further mileage in a Formula One car.
Team Principal Vijay Mallya said they were pleased to give James the opportunity to test with them.
"As a graduate of the Racing Steps Foundation, his talent and determination have brought him to our attention and this is the ideal occasion to evaluate him further. The priority this week is to give the team a better understanding of the new Pirelli tyres due to be introduced next week in Budapest," Mallya said.
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