The president is likely to address the "Samajik Samarasta Sammelan" (social harmony meet), organised every year in Mhow on the occasion of Ambedkar's birth anniversary, Wankhede said.
"The Constitution of India drafted by Dr B R Ambedkar is the most valued Constitution in the world". The programme was compered by Frazel of Class X.
In a message, Mr Kovind said, Dr Ambedkar was a multifaceted personality whose impact on the society and nation has remained relevant and will remain relevant. He was an academic and economist, a scholar and moral philosopher, an exceptional legal mind and constitutionalist.
Odisha Chief Minister Naveen Patnaik also paid tribute to the chief architect of Indian Constititution on his birthday.
He said Ambedkar had recognised the difference between India and other countries and accordingly prepared plans for shaping future of the country.
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The president will arrive in Indore at 11.20 am and reach Mhow at 11.50 am in a helicopter.
Political leaders from different parties and people from different walks of life also paid floral tributes at the statue of Dr B R Ambedkar in the state capital and various places in Odisha.
The Prime Minister said the government will not allow dilution of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
"CM Vasundhara Raje celebrating 127th birth anniversary of Ambedkar will dedicate a library and a conference hall in Jaipur. Babasaheb struggled throughout his life for the rights of Dalits and oppressed sections of the society".
President Ram Nath Kovind on Saturday received the first copy of the book Dr Babasaheb Ambedkar: Vyakti Nahin Sankalp from Vice President M. Venkaiah Naidu, who formally released it at a function held at Rashtrapati Bhavan.