Kautilya's teachings (also known as Chanakya), provide insights that will last far into the future of politics, administration and many other areas. This chapter discusses how the ethical and strategic principles discussed in the Arthashastra are relevant to the present state of sports management and corporate sponsorship in India. Today, Indian sports are experiencing increased commercialization, more investment from private sources, and more exposure around the world. As a result, ethical issues, issues of fairness, and issues related to the responsibilities of those involved (i.e., corporations and federations) are becoming very important factors in sustainable development. This chapter starts with an exploration of some of the key concepts associated with Kautilyan Thinking, such as Dharma (moral law), accountability, a focus on the welfare of others, and strategic foresight; these concepts are all very applicable today. In particular, the chapter connects Kautilyan concepts with contemporary issues that have been created by the dysfunctional governance systems, inequitable distribution of resources, exploitation of sportspersons, and commercialisation of sponsorship in Indian sports; through analysis of the realities of institutions, their policy frameworks, and real-life examples, the chapter demonstrates that there is a gap between the economic growth of Indian sport and its ethical principles. The purpose of this chapter is to create a value driven governance framework for sport and the corporate sector based on Kautilya's philosophies about leadership and public welfare. According to the author, creating an environment where stakeholders have an ethical connection will enhance the inclusiveness, transparency, and performance of the sport ecosystem. The chapter concludes that the integration of traditional Indian knowledge systems into contemporary sports structures is not just an exercise in culture, but also represents a strategic requirement for sustainable success.