Prof. Dholakia is on the faculty of Economics Area at IIM Ahmedabad since 1985. He has about 37 years of experience of teaching Economics to different groups like students, executives, policy makers and senior government officers. He was a regular visiting faculty to teach at the European Management Institute (ESCP-EAP), Paris from 2002 to 2005. He has collaborated on a series of research projects with the Earth Institute of Columbia University from 2004-05 to 2012-13. He has practical experience in high powered policy making and evaluation bodies in both state and central governments in India. He chaired a Committee on Cost Saving and Resource Use Optimization in Air India, appointed by Ministry of Civil Aviation, Government of India. He was a Member of the High Level Committees on HR Issues in the Merger of Air India and Indian Airlines (May 2011- Jan.2012), Public Expenditure Management (2009-10), and on Savings and Investment Estimation (Jan.2008- Mar.2009) appointed by the Government of India; a Member of the Sixth Central Pay Commission of the Government of India (2006 - 08); a Member of the Expert Committee on Restructuring of the State Public Sector Units (2004-08), the Public Debt Management Committee (2005-06), and the State Public Finance Reform Committee (1998 – 2000) appointed by the Government of Gujarat. He has carried out numerous consulting assignments in the private and public sector companies in India and has done work for the international organizations like WHO, UNICEF, World Bank, UNDP, Hewlett Foundation, United Nations, UN–Mongolia, etc. He has written about 46 monographs, 22 books, and more than 140 research papers published in journals of national and international repute. He has also developed 15 international cases on economic planning and policy reforms based on experiences of countries in Asia, Africa, the Caribbean Islands, and North America. He has guided 28 students successfully and 2 students are currently working under him for doctoral degree. He has served as an independent director on the Boards of Gujarat State Financial Services, National Commodity and Derivatives Exchange, Power Finance Corporation, State Trading Corporation, Adani Ports and Special Economic Zone, Adani Enterprises, Union Bank of India, etc. He is also a member of the board of governors and trustee of Gujarat Institute of Development Research, Ahmedabad; and Member of Academic Council of Dharamsinh Desai University, Nadiad. He was also President of the Indian Health Economics and Policy Association during 2012-13.
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