The institution had been founded by late Jamnalal Bajaj and Shrikrishnadas Jajoo in 1914, and currently manages six educational institutions at Wardha and a commerce college at Nagpur.
The President will arrive here tomorrow from Pune and will proceed to Wardha by a helicopter.
Maharashtra Chief Minister Devendra Fadnavis and Union Minister for Transport and Shipping, Nitin Gadkari will accompany him from the city.
State Governor Ch Vidyasagar Rao would preside over at the event.
He will also visit the famous Sewagram Ashram of the Mahatma before returning to Wardha and then fly to New Delhi in the evening, a state release said.