Netanyahu would be received by Modi in Ahmedabad on his arrival on January 14, the sources said.
He would be the second Israeli premier to visit India since diplomatic ties were established between the two sides in 1992. His visit would be happening almost 15 years after the first visit by then prime minister Ariel Sharon in 2003.
Modi has in the past welcomed Chinese President Xi Jinping and Japan'a Prime Minister Shinzo Abe in his home state.
"The detailed programme is being still worked out but it will include meetings with top leadership in India," informed sources here said.
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He would head back to Israel on January 18. There could also be a possible stopover in Agra during the visit.
"In the past year, I have visited all continents besides Antarctica," Netanyahu said at the opening of the Knesset's (Israeli parliament) winter session last month.
Modi's standalone visit to Israel in July this year celebrated 25 years of establishment of diplomatic relations between the two countries. The Indian prime minister skipped Palestine during his trip leading many analysts to say that New Delhi was changing its rules of engagement in the region.
His visit, the first by an Indian prime minister to Israel, was termed by many as de-hyphenation of New Delhi's ties with the Palestinians.
Netanyahu had called Modi's "historic visit" a "very significant step" in strengthening bilateral relations that are on a "constant upswing".
The Israeli leader has also grabbed every opportunity to emphasise on his "personal chemistry" with his Indian counterpart, including at the United Nations General Assembly in September where he shared the memories of Modi's three-day visit to Israel from July 4-6.
"...We imagined the endless possibilities for Israel, India, for all humanity," he had said during his UNGA address.
Netanyahu had described the invitation as "a deeply moving moment for me, both in personal, but also in national and international terms".
Both the governments have taken several measures since Modi's Israel trip to strengthen bilateral ties.
Some of them include establishment of a USD 40 million joint fund to encourage Israeli and Indian business cooperation, agreements permitting and extending incentives to Bollywood filmmakers looking to shoot in Israel, efforts to promote growth in tourism, and a joint government project in the fields of water and agriculture.
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