Gurbaksh Singh (78), a resident of Pakka Kalan village, died at Adesh hospital in Bathinda after a brief illness.
Singh had hijacked a Delhi-Srinagar flight on August 4, 1982 saying he had a bomb with him which later turned out to be a ball made of cloth, officials said.
Singh had wanted to take the flight, which had 70 foreigners on board, to Lahore but later opted to land it in Amritsar, sources said.
Sources said Singh hijacked the plane after having learnt that the Indian government had asked Sikhs not to carry kirpans (ceremonial dagger) on board flights.
Singh, who used to look after some gurdwaras in Bangladesh, was in jail for about two years after the incident, officials said.
