After his arrival, Netanyahu and PM Modi are likely to visit the Teen Murti Circle in New Delhi where the two leaders will lay a wreath at the monument, where the "Haifa liberation day" is commemorated every year on September 23.
On his part, PM Netanyahu thanked his "good friend" Modi for the welcome accorded to him.
He will also meet his Indian counterpart Narendra Modi and hold delegation level talks. The last time an Israeli prime minister came to India - a country of 1.3 billion people - was in 2003, when Ariel Sharon arrived but abruptly cut his visit short to return to Israel to deal with a terrorist attack.
Modi would be accompanying Netanyahu to Gujarat on Wednesday where he will be welcomed in the same fashion as Japanese Prime Minister Shinzo Abe was with a road show in Ahmedabad. A meeting with President Kovind is also scheduled for Monday.
During his three day visit in Israel, Indian delicacies were specially cooked for PM Modi by an Israeli chef of Indian origin, a personal favourite of Netanyahu's. In Ahmedabad, he will visit Sabarmati Ashram. They will also visit the iCreate innovation campus and center.
Over the course of the visit, Israel and India will sign a series of bilateral agreements.
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The two prime ministers will also inaugurate another Center of Excellence for Date Palms in Bhuj through video conference. On the same day the minister will leave for Mumbai.
Carmon said 11-year Moshe Holtzberg will also accompany Netanyahu and participate in a function at the Chabad House in Mumbai.
It said he will reach out to Bollywood in an exclusive "Shalom Bollywood" event.
The trip comes about half a year after Modi became the first sitting Indian Prime Minister to visit Israel.
Netanyahu and Modi are expected to discuss a variety of subjects related to bilateral relations and the global situation. The decision to rename the iconic landmark was taken during Modi's visit to Israel in July 2017. Some of them include establishment of a United States dollars 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.