 Jeewanlal Motichand Shah had moved in early 1900 to Calcutta where, in Howrah area, he set up a facility for manufacture of aluminium utensils.He quit this business later and in 1939, took over Mukand Iron & Steel Works Ltd. with its factory in Lahore and at Reay Road, Bombay (now Mumbai) jointly with Jamnalal Bajaj at the instance of Mahatma Gandhi.This company, set up by Lala Mukandlal of Lahore, a follower of Mahatma Gandhi, was then on the verge of liquidation and Gandhiji persuaded Jeewanlal and Jamnalal to take over and run it in order to protect the livelihood of its employees.