Found the solution, after investigating source code of getLaunchIntentForPackage. As per documentation,
The current implementation will look first for a main activity in the
category CATEGORY_INFO, next for a main activity in the category
CATEGORY_LAUNCHER, or return null if neither are found.
So, the function don't look for CATEGORY_HOME, i rewrote it in following way, it worked perfectly.
Intent intentToResolve = new Intent(Intent.ACTION_MAIN);
intentToResolve.addCategory(Intent.CATEGORY_HOME);
intentToResolve.setPackage("com.android.launcher");
ResolveInfo ri = getPackageManager().resolveActivity(intentToResolve, 0);
if (ri != null)
{
Intent intent = new Intent(intentToResolve);
intent.setClassName(ri.activityInfo.applicationInfo.packageName, ri.activityInfo.name);
intent.setAction(Intent.ACTION_MAIN);
intent.addCategory(Intent.CATEGORY_HOME);
startActivity(intent);
}