The Society is recognized by the University of Mumbai as a centre for PhD studies in Ancient and Modem Indian History as well as Sanskritic studies. Students and scholars pursue their research under the aegis of the Society's P.V. Kane Institute for Post Graduate Studies and Research. The Institute, named in honour of Bharat Ratna P.V. Kane, was established in 1973. It is led by an Honorary Director, and currently has 6 research guides. 14 scholars are pursuing doctoral work. It holds an annual Kane memorial lecture and an annual seminar. 

The Research Room adjoining the Institute provides tables for both scholars affiliated to Kane Institute and from outside.
Centre for Labour Studies 
This was established in 1992-93 through an endowment made in memory of four trade unionists. The centre holds an annual seminar and awards a fellowship of Rs.12,OOO per year for a student pursuing doctoral research on social sciences specially on labour related topics. 

Parsiana project 
The Society signed in 1996-97 an MOU with the Gulestan and Rustom Billimoria Charity Trust for conducting a project on the preservation of the heritage of the Parsi community. As part of the first phase of this project, an Annotated Catalogue of books, journals, articles and other materials on Parsis and Zoroastrians in the libraries in Mumbai has been prepared and is about to be published. In the next phase, libraries outside Mumbai city will be covered. 

Publications under preparation 
The manuscripts of the S. S. Pandit collection which were not included in the previous catalogue prepared by H. D. Velankar are currently being prepared for publication as a catalogue. 

A project for preparing an index to the Journal of the Asiatic Society has been formulated and is awaiting clearance. 

Delnet project 
The Delhi Network (DELNET) project under the Union Ministry of Human Resources Development has undertaken to put a catalogue of valuable books in Indian languages from various libraries on the net. In the initial phase, 6500 books in Sanskrit and Marathi from the Society's library have been taken up for inclusion.

© 2018 The Asiatic Society of Mumbai. All Rights Reserved.