The event will mark the conclusion of the Business Conclave 2013.
The college has invited Modi after a campus survey in which students overwhelmingly indicated their preference to hear him, said a statement issued by Gujarat government.
During his day-long visit to Delhi, Modi will also meet Prime Minister Manmohan Singh for the first time after becomming chief minister of Gujarat for the fourth time.
Modi will also visit Allahabad to participate in the Maha Kumbh on February 12.
In recent weeks, there has been growing chorus in BJP for projecting Modi as party's Prime Ministerial candidate, arguing it will benefit the party in the next general elections.
NDA's key ally JD(U), which has reservation against Modi and wants a secular face acceptable to all as NDA's prime ministerial candidate, has condemned the "mad rush" of leaders naming a candidate of their choice for the top post.
On the other hand, Shiv Sena is pitching for Sushma Swaraj as the prime ministerial candidate.