Union ministers Smriti Zubin Irani and Rajyavardhan Rathore will also attend the function, the council said in a release.
PCI chairman Chandramauli Kumar Prasad will preside over the function.
There will be a discussion on 'Challenges Before The Media' and distribution of 'National Awards for Excellence in Journalism, 2017' as part of the function, the release said.
Around 30 delegates from media councils and similar bodies across the world will be present on the occasion, it said.
President Ram Nath Kovind was to address the valedictory event, but due to some changes is his schedule he would not be present and Naidu will inaugurate the programme, a PCI official said.