▁of ▁Ind ology ▁in ▁ 1 9 6 2 . ▁ ▁In ▁ 1 9 4 9 , ▁he ▁founded ▁the ▁Gu jar at ▁Chamber ▁of ▁Com merce ▁and ▁Indust ries ▁( G CC I ). ▁From ▁ 1 9 5 5 ▁to ▁ 1 9 6 5 , ▁he ▁was ▁a ▁chairman ▁of ▁Indian ▁Institute ▁of ▁Technology ▁( I IT ). ▁He ▁founded ▁the ▁L al b hai ▁Dal pat b hai ▁Institute ▁of ▁Ind ology ▁in ▁ 1 9 6 2 ▁which ▁pres erves ▁a ▁large ▁number ▁of ▁manuscript s , ▁rare ▁books , ▁and ▁micro fil ms . ▁In ▁ 1 9 7 2 , ▁Sank at ▁N iv aran ▁Society ▁was ▁founded ▁by ▁Gu jar at ▁Chamber ▁of ▁Com merce ▁and ▁Indust ries ▁and ▁Ah med abad ▁Text ile ▁M ills ▁O wn ers ' ▁Association . ▁ ▁He ▁commission ed ▁world - ren owned ▁architect s ▁such ▁as ▁Louis ▁K ahn , ▁Le ▁Cor bus ier , ▁B . ▁V . ▁D oshi ▁and ▁Charles ▁Cor rea ▁to ▁design ▁some ▁of ▁these ▁instit utes ▁and ▁bring ▁modern ▁architecture ▁in ▁Ah med abad . ▁ ▁Later ▁life ▁ ▁With ▁time , ▁K ast urb hai ▁started ▁hand ing ▁over ▁the ▁operations ▁of ▁his ▁business es ▁to ▁his ▁family ▁in ▁the ▁ 1 9 6 0 s . ▁He ▁devoted ▁more ▁time ▁to ▁public ▁activities . ▁ ▁He ▁retired ▁from ▁business ▁in ▁January ▁ 1 9 7 7 . ▁He ▁died ▁on ▁ 2 0 ▁January ▁ 1 9 8