 For his multi-faceted contributions to trade and industry, Nahata was honoured with awards by the Vice President of India and Lieutenant-Governor of Delhi.He was a well-known social leader and philanthropist, associated with more than 60 socio-religious organizations and Trusts like Heart Care Foundation of India, Shanti Mandir-Bithari, Prakrit Bharati, Rishabhdev Foundation, Veerayatan, Rajasthan Bharati, Shri Ambika Niketan Trust, Ahimsa International, Shri Jain Mahasabha.Bharat Jain Mahamandal, Vishwa Jain Parishad and many others in different capacities.