"Just as lamps light up the dark during Diwali, wherever you are, you are spreading the light of India to every corner of the world and Japan and making the country proud", the Prime Minister said.
Abe will host Modi at his holiday home in the picturesque Yamanashi prefecture for a private dinner on Sunday following which both the leaders will travel to Tokyo by train.
At 6:00 PM, the Prime Minister is scheduled to arrive at the office of his Japanese counterpart and hold delegation level talks. Modi is also visiting a nearby plant of major Japanese robot maker Fanuc.
"I am convinced that Prime Minister Modi's visit to Japan this time will also be fruitful as our previous meetings", he said.
Yamanashi, at a distance of around 110 kilometres from Tokyo, is surrounded by several mountains, including Mount Fuji - the country's tallest peak at around 3,776 metres.
Japan is India's most trusted partner in its economic and technological modernisation, he said.
Abe and Modi are to hold a more formal summit today in Tokyo.
Besides bilateral issues, the two leaders are expected to deliberate on a range of regional and global issues, including the situation in the Indo-Pacific region.
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India is also hoping to have some kind of synergy or integration between Modi's Ayushman Bharat scheme, which is the largest medicare programme of its kind globally, and the Japanese programme which is called Asia Health and Wellbeing Initiative.
"Make in India emerged as global brand today.We're manufacturing quality products not only for India but for world.India is becoming a global hub, especially in field of electronics and automobile manufacturing. Japanese investors have faith in India's economic future, which is marked with myriad opportunities", Modi said.
India is going through a massive transformative phase and worldwide agencies say the country will drive the growth of the global economy in the coming decade, Prime Minister Narendra Modi said Monday as he invited the Indian community in Japan to contribute actively in building a "new India".
PM Modi stressed on the massive "transformative" phase in India and said, "The world is appreciating India for its efforts towards services towards humanity".
Prime Minister Narendra Modi on Monday described Make in India as a "global brand" while underlining his government's initiative to boost manufacturing in India, particularly in mobile phone manufacturing.
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Sharing his thoughts in the 49th edition of Mann Ki Baat today, Mr Modi said, wherever there will be a talk of world peace, India's name and contribution will be written in golden letters.
The two prime ministers are slated to hold wide-ranging talks in strengthening collaboration in key areas such as defence, security, Indo-Pacific cooperation, and technology as well as review the progress of India-Japan ties.