CHANAKYA-2022-23

Business Simulation Game for Professionals (13th and 14th March 2023)

On March 13th and 14th, 2023, Ajay Kumar Garg Institute of Management (AKGIM) and Ghaziabad Management Association (GMA) hosted the "CHANAKYA: Business Simulation Game.” Shri S.K. Tyagi, a representative from the AIMA's Games division, facilitated and oversaw the game. The "CHANAKYA" business simulation game was developed by AIMA. It is a computer-based business simulation game that aims to actively involve players in various types of business decisions. Participants in the game experience the effects of marketing, financial, and strategic decisions in a virtual setting while interacting with a fictitious company that has a variety of structured and random constraints. The AIMA Chanakya game has been organized by AKGIM since a long time. Seven teams from the corporate and academic worlds took part in this game in 2023. Each participating team is made up of four members from the parent company. Participating teams were:


  • • International Tobacco Co. Ltd.
  • • NTPC Ltd. (Three teams from different locational units of NTPC)
  • • Shriram Pistons & Rings Ltd.
  • • Ghaziabad Precision Products Ltd.
  • • Continental Carbon India Ltd.
  • • Ajay Kumar Garg Institute of Management

The team from NTPC Ltd. was winner and team from AKGIMwas the runner up. Sh. Gulshan Thapar, Treasurer GMA and Sh. Rahul Agarwal, Industry Consultant were present as Chief Guest and theyannounced the results of winner and runner up positions. Participants cherished the experience they obtained during the entire event.

“CHANAKYA-2021 Business Simulation Game for Professionals (21st & 22nd January 2021)”

Ajay Kumar Garg Institute of Management (AKGIM) in association with Ghaziabad Management Association (GMA) organized Business Simulation Game called "CHANAKYA" on 21st & 22nd January, 2021.The game was facilitated and moderated by Shri Vijay Singh and Mr. D K Gupta who were the representative from Games division of AIMA. AIMA has created business simulation game called ‘CHANAKYA’. It is a computer-based business simulation game that aims to actively engage participants in various kinds of business decisions. During the game participants experience the impact of marketing, financial and strategic decisions under virtual environment where they are involved with a hypothetical company having various structured and random constraints.

AKGIM has been organizing AIMA’s Chanakya game for last many years but in 2021, this game has been conducted in online mode due to pandemic. In 2021, eight teams from corporate and academia participated in this game. Each participated team comprises of four participants from their parent organization. Participating teams were:

  • • International Tobacco Co. Ltd.
  • • NTPC Ltd. (Three teams from different locational units of NTPC)
  • • International Tobacco Co. Ltd.
  • • Shriram Pistons & Rings Ltd.
  • • Ajay Kumar Garg Institute of Management
  • • Ghaziabad Precision Products Ltd.
  • • IMS-UC Campus

The team from NTPC Ltd. was winner and the other team from NTPC was the runner up. Shri. Rakesh Chharia, President GMA was present as Chief Guest and he announced the results of winner and runner up positions. Shri Vinay Gupta, Executive Director, GMA were also present on this occasion. Participants cherished the experience they obtained during the entire event.

“Management Simulation Business Game: CHANAKYA 2020”

Ajay Kumar Garg Institute of Management (AKGIM) along with Ghaziabad Management Association (GMA) organized “Management Simulation Business Game: CHANAKYA” on 7th&8thFeb.,2020at AKGIM campus. This game was conducted by All India Management Association (AIMA).The game was steered by Mr.Vijay Singh and MrDK Gupta from the games division of AIMA.

coporate chankya

Business Game ‘Chanakya’is a simulation game where teams of four persons each are made to represent the decision makers of a company. They are required to take the most profitable decision for their company under circumstances and vagaries created to simulate the actual business scenarios that can prevail. In this event,participation was in form of8 teams from management cadre of Industries and Management Institutes.The teams were from the following organizations:

  • • NTPC
  • • Ajay Kumar Garg Institute of Management (AKGIM)
  • • International Tobacco Co. Ltd.
  • • Shriram Pistons & Rings Ltd.
  • • Godfrey Philip
  • • Ghaziabad Precision Products Ltd.
  • • BEL
coporate chankya

The team fromNTPCwas declared winner and the team fromAKGIM was the runners up. Dr. Tripurari Pandey, Director AKGIM and Shri Vinay Gupta, Executive Director, GMA, gave away the winner and runner up trophies to the participants where Shri SK Tiwari, Plant Head, Godfrey Philip was present as Chief Guest. This event was widely appreciated and enjoyed by all the participants. They assured that on commercial front and as a team, their vision has broadened and they have learnt a great deal in the game.

“CHANAKYA-2019 Business Simulation Game for Professionals ” (11th & 12th February 2019)

Ajay Kumar Garg Institute of Management (AKGIM) in association with Ghaziabad Management Association (GMA) organized Business Simulation Game called "CHANAKYA" on 11th & 12th February 2019. The game was facilitated and moderated by Mr. Vijay Singh and Mr. D K Gupta as the representative from Games division of All India Management Association (AIMA).

Chanakya is a computer-based simulated game that test business intelligence of participants by placing them in various decision making situations. It demonstrates how and why cross-functional aspect of business is important and has impact on managerial business decisions. The simulation game ‘Chanakya’ offers similar business opportunities to each of the participating team and it also provides competitive information and various other government announcements related to business during different stages of the game. This all created decision making situation and each participating team work out to maximize their profits under the given conditions.


AKGIM has been organizing AIMA’s Chanakya game time and again for last many years. Currently in 2019, total eight teams participated in this game. Each participated team composed of four participants from their parent organization. Teams from following companies and institutes participated:

The teams were from the following organizations
  • Sriram Pistons & Rings Ltd
  • Christ Institute of Management
  • Continental Carbon India Ltd.
  • International Tobacco Co. Ltd
  • Bharat Electronics Ltd. (Two Teams)
  • NTPC Ltd. Dadri.
  • Ajay Kumar Garg Institute of Management (AKGIM)

The team from NTPC Ltd. was winner and the team from AKGIM was the runner up. In the valedictory session the Chief Guest Mr. S. M. Mittal, Managing Director, Sukriti Vidyut Udyog Pvt. Ltd. shared his thoughts on importance of ethics and values in business decision with the participants. Dr. Tripurari Pandey, Director AKGIM, Shri Vinay Gupta, Executive Director, GMA and Mr. S.M Mittal awarded trophies to the winner and runner-up team. All participants valued the understanding and experience they obtained through the exposure of simulation game. Participants also appreciate the facilitation carried by AKGIM.

“CHANAKYA Business Simulation Game 2016-17 for Professionals” (15th & 16thDecember 2016)
CHANAKYA Game in Progress

Ghaziabad Management Association organized a two day workshop in form of Management Simulation Business Game called "CHANAKYA" on 15th& 16thDecember 2016 at AKGIM campus. This game was conducted by All India Management Association (AIMA).

Shri Vinay Gupta, ED, GMA welcomed the guests and the participants and explained the importance of organizing such an event. The game was steered by Mr. D. K. Gupta & Shri Vijay Singh and from the Games division of AIMA.

Business Game 'Chanakya' is a simulation game where teams of four persons each are made to represent the decision makers of a company. They are required to take the most profitable decision for their company under the dynamic circumstances and vagaries created to simulate the actual business scenarios that can prevail. In this event, participation was in form of 9 teams from management cadre of Industries and faculty from Management Institutes.

The teams were from the following organizations
  • Ajay Kumar Garg Institute of Management
  • Continental Carbon India Ltd
  • International Tobacco Co. Ltd
  • NTPC Ltd. Dadri Plant
  • Shriram Pistons & Rings Ltd.
  • Ghaziabad Precision Products Ltd.
  • Bharat Electronics Ltd. – Two teams
  • Christ Institute of Management

The team from NTPC was declared as the winner, the team from Ghaziabad Precision Products P. Ltd. was the first runner-up and the team from AKGIM was the second runner-up. CA. Anil Agarwal, Treasurer, GMA as Chief Guest and Director AKGEC, were present and gave away the winner and runner up Team trophies to the participants. Dr. Tripurari Pandey, Director, AKGIM and Shri Vinay Gupta, Executive Director, GMA were also present on the occasion. Individual prizes for winner and runners-up will be given away during the valedictory function of the Annual Convention, later this year.

This event was widely appreciated and enjoyed by all the participants. They assured that on commercial front and as a team, their vision has broadened and they have learnt a great deal in the game.

NTPC, Dadri - CHANAKYA Winner receiving the Trophy


“CHANAKYA Business Simulation Game 2016 for Professionals” (24th & 25th February 2016)

Ajay Kumar Garg Institute of Management in association with Ghaziabad Management Association organized a two day workshop in the form of Business Simulation Game called "CHANAKYA" on 24th & 25th February 2016.This game was conducted by All India Management Association (AIMA).The game was steered by Shri Vijay Singh and Mr. D K Gupta from the Games division of AIMA.

Business Game 'Chanakya' is a simulation game where teams of four persons each are made to represent as the decision makers of a company. They are required to take the most profitable decision for their company under the dynamic circumstances and vagaries created to simulate the actual business scenarios that can prevail. In this event, participation was in form of 8 teams from management cadre of Industries and faculty from Management Institutes.

Participating teams were Ajay Kumar Garg Institute of Management, Continental Carbon India Ltd., International Tobacco Co. Ltd., NTPC Ltd. Dadri, Shriram Pistons & Rings Ltd., Ghaziabad Precision Products Ltd., and Bharat Electronics Ltd.

The team from NTPC Ltd. was declared winner and the team from International Tobacco Ltd. was the runner up. Dr. R K Agarwal, President, GMA and Director AKGEC, was present as Chief Guest and he has given trophies to the participants of the winner and runner up Team. Dr. Tripurari Pandey, Director AKGIM and Shri Vinay Gupta Executive Director, GMA were also present on this occasion. Individual prizes for winner and runners up will be given away during the valedictory function of the Annual Convention, later this year.

This event was widely appreciated and enjoyed by all the participants.They assured that on commercial front and as a team, their vision has broadened and they have learnt a lot in the game.

NTPC, Dadri - CHANAKYA Winner receiving the Trophy