Magan Sangrahalaya is the museum for Khadi and Village Industries. It is named after the late Maganlal Gandhi, who helped Mahatmaji to revive the spinning industry in its early stages. Indeed, his premature death was a great loss to the cause of khadi and village industries. It is in the fitness of things that, this museum has been named after him.

The building, though simple in design, has a massive structure with a central hall and two wings. One wing is devoted to khadi and the other to village industries. At the entrance are the images of Yaksha and Yakshi of the Chalukyan type of architecture guardians of this temple devoted to village industries.