Kasturbhai Lalbhai was an India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n industrialist. He was widely perceived as a nationalist businessman akin to G. D. Birla.
Kasturbhai was born in a Jain family that owned textile mills in Ahmedabad

Ahmedabad

Ahmedabad also known as Karnavati is the largest city in Gujarat, India. It is the former capital of Gujarat and is also the judicial capital of Gujarat as the Gujarat High Court has its seat in Ahmedabad...

 located in current-day Gujarat. His school education took place in Ahmedabad and he matriculated in 1911. In 1912, when he was studying in college, his father died and being the second son, he was asked to discontinue his studies so as to help in the family business.