The international entertainers receive the Crystal Award, which is given by the World Economic Forum to artists who make a positive change in society.
The actress, who began her career in the 1970s, died of a heart attack in a Mumbai hospital on Thursday.
President Recep Tayyip Erdogan is on a three-day visit to India where he expressed his intention to cement ties with New Delhi in all areas, with a particular focus on bilateral trade.
The 66-year-old actor, who received as much acclaim in the West as he did in Bollywood, died of a heart attack.
The development follows a decision by Indian Motion Picture Producers' Association to impose a ban on all Pakistani stars and technicians working in India.
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