On 7th Sept, 2007 a cultural event 'AAGAZ' was organized to hunt for talent among students. It comprised of fine arts, folk arts, technical events, literary events etc. Activities like debates, extempore speeches, dumb charades, creative writing etc were organized. Fine Arts and Folk Arts events like rangoli, mehandi, naara making, pakhi decoration, embroidery etc were organized. The judges were Prof. Indra Bhatia Ex-Principal of Govt. College for Boys, Prof.Saini, Ex Head, Dept. of Dance, Govt. College for women, Prof. jasbir Makkar, Head, Dept. of Music, Govt. College and Prof. Jaspreet Khurana of Dept. of Fine Arts, Govt. College for Women. The following day i.e. 8th Sept, 2007 a cultural function 'AAGMAN' was organized by senior students to welcome the new students to the institute. A cultural extravaganza which included a fashion show as a highlight, captivated the audience. S. Bikramjit Singh Khalsa, Chief Parliamentary Secretary; Technical Education was the chief guest on the occasion. He appreciated the show and also inaugurated the MBA classes in the institute. The judges at the institute. The judges at the fashion show were Prof. Rupa Bakshi from PAU, Ldh and Prof. Usha Gupta from KVM, Ldh. Dr Vijay Asdhir, Director of the Institute and member of the management appreciated the performance of students in the cultural function

As a part of the ongoing college celebrations of Khalsa Dewan, the institute organized an International Conference in association with Punjab Commerce and Management Association on 'Globalization of Indian Business' on 8th and 9th Dec'07. Dr. J. Sadakkatulla, Regional Director, Reserve Bank of India was the chief guest on the occasion. He inaugurated the conference and said India needed to develop and said India needed to develop a work culture to compete in the world. He also added that China has developed a cost edge manufacturing hub and its products are sold all over the world. India can grow more in service and IT sector. Dr Vijay Asdhir, Director of KIMT, welcomed all the guests and motivated them to deliver their papers in the conference. Around 50 speakers from all over Punjab presented their papers.
Dr. S.C. Vaidya, Chairman, University Business School, PU, was the keynote speaker. He laid emphasis on the meaning of Globalization and the increasing interdependence, integration and integration and interaction among people. Mr. Bruce Oro, Adjunct Professor of Accountancy and Finance from Thompsons Rivers University, Canada, delivered a guest lecture on the occasion. Others who graced the occasion included Dr. S.P. Singh, former Dean at PU, Dr. B.S. Bhatia, Director General, RIMT, Dr. Sanjay Modi, Dean Business School, LPU, Dr. Parvinder Arora from IMT Gaziabad, Sh. D.L. Sharma, President of the Vardhman group, Dr. S.B. Singh, Ex. Principal, G.N. Engg. College and Dr. Sandeep Kapoor, Dept. of Buss. Mgmt., PAU. President PCMA Dr. Prem Kumar spoke about the opening of the Indian economy and the participation of the Indian government in various international economic treaties, which had given new opportunities to Indian businesses. After the discussion there were technical sessions conducted by Dr. S.P. Singh, former Dean Faculty of Business Management, PU Chandigarh, Dr. Parvinder Arora from IMT, Ghazizbad Tejinder Sharma from Kurukshetra University as per Prof. Ashwini Bhalla, General Secy. of PCMA. The main issues discussed were the ways to transform Indian business scenario and the problems faced by business due to the international policies and treaties.
Dr. Vijay Asdhir, Director, Director, KIMT said that the discussion in the conference had come out with concrete results and hopefully shall guide the industry and business to find a comfortable momentum to route Indian economy on the development path. Er. P.P.S Grewal, President, Dr. S.S. Grewal, Vice President, KIMT, Sh. S.S. Deol, Secretary, Sh. G.S. Grewal, Treasurer also graced the occasion.