- The Institute aims at promoting the study and research in religions, history and culture of the East. Reputed scholars from around the world take advantage of the excellent facilities provided at the library of the Institute.
- Research projects are awarded to young scholars on various aspects of oriental studies while annual Fellowships are given to senior and junior research scholars.
- Reputed scholars are invited to deliver the Government Research Fellowship Lectures, which are later published by the Institute.
- Courses in World Religions are conducted on a regular basis.
- The Institute annually publishes a prestigious Journal, which is widely distributed to universities and scholars all over the world. We also publish books and reprint rare books, which are in great demand by scholars and the lay public.
- The Avabai B Wadia Endowment makes it possible to hold the Avabai Wadia Memorial Lectures each year when a distinguished scholar is invited to present a detailed paper on his / her area of specialization. The Avabai B Wadia Research Fellowships have been recently instituted to be awarded to persons pursuing academic research.
- The Dinshaw J Irani Memorial Lectures are held each year when Indian and foreign academics present their work.
- Global Essay Competitions in English and Persian have been organised and judged by an international panel of judges.
- The Institute has recently entered into an agreement with the Department of Persian Studies, University of California, Irvine, to facilitate an exchange of scholars and information.
- Preservation of our collection of ancient manuscripts and books under expert guidance.
- Reprinting of significant out-of-print books on Zoroastrianism, thanks to a grant received from the Zarthosty Brothers (Faridoon and Mehraban) Fund
- So far three International Congresses on Oriental topics have been organised – in 1989, 1995 and 2000, when a number of international scholars presented papers at each of the Congresses. The proceedings of the Congresses were printed and sent to reputed scholars, universities and social research institutes throughout the world.
- Between 2001 and 2010 the Institute organised a series of National Seminars on “Ferdowsi and his Shahnameh” (2001), “The Life and Work of Dr. Sir J. J. Modi” (2004), “Universal Influence of Moulana Jalaluddin Rumi” (2005) and “The Contribution Made By The Parsis To The Development Of Different Aspects Of Education In The 19th and 20th Centuries In Western India” (2009). The Proceedings of the Seminars on “Ferdowsi and his Shahnameh” and the “Universal Influence of Moulana Jalaluddin Rumi” have since been published. The most recent Seminar on “Architecture As Social History: Reflections On Bombay/Mumbai” held on January 23 and 24, 2010, was a great success.
- Exhibitions have also been organised with the Prince of Wales Museum of Western India on ‘Parasika’ and with Iran Culture House on the Shahnameh.
- Lectures are delivered by eminent scholars at regular intervals on various topics.
- The Goolestan Bilimoria Endowment enables the Institute to hold Inter-school/inter-college Seminars, debates and essay competitions on oriental and religious topics. These are organised annually with a view to motivate youth and attract them to religion, social development and research.