[4] Dholakia was educated in Vernacular and English at Alfred High School, Bhuj and passed Matriculation Examination in 1903 from the University of Bombay.
After passing Matriculation and also a Revenue Department Examinations from Bombay, Dholakia came to Calcutta in 1904 and worked in accounts department and later in the foreign correspondence section of Gokuldas Hansraj, a rice and general merchants from Bhatia community from Kutch[4] owning rice mills at various centres and shipping rice overseas.
The colliery was joint venture between Trikamji, Gova Petha & Khora Ramji.
[3] He served as the president of Geological, Mining and Metallurgical Society of India for years 1938–39, 1947–48.
[3][7] He was also active in public life and served as Secretary of the Jharia Anglo Gujarati School for 1911–12; Chairman Jharia- Dhanbad Gawshala; Vice-Chairman Bombay State Social Welfare Advisory Board and other institutions.