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Press Release - November 23, 2004 FMCG Sector picks up 30% of the batch Number of Consultancy offers goes up by 67% IBM emerges as biggest recruiter taking 13; HLL closely follows at 12 The Placement Committee of XLRI added another feather to its cap as the Summer Internship Process was completed successfully with the batch being placed over the very first weekend of summer placements. After a hugely successful Final Placement for the batch of 2004, the confidence that the Corporate world reposes on XLRI was reinforced, with students securing summer internships in the finest names. By consensus, this was rated as one of the best Summer Placements in recent memory. The batch of 2006 has 189 students - 126 in Business Management and 63 in Personnel Management and Industrial Relations. The biggest recruiter was IBM, which picked up 13 candidates; this was closely followed by HLL with 12, ICICI Bank and BPCL with 11 and 9 respectively. The FMCG Sector - comprising Arvind Brands, Asian Paints, Cadbury, Castrol, Coke, Colgate Palmolive, Gillette, Godrej, Goodlass Nerolac, HLL, ICI, ITC, Pepsi, Reckitt Benckiser, Seagrams and Titan - was the top recruiter picking up 54 students (30% of the batch). In sync with the boom witnessed by the economy, the process saw bulk recruitments in the sector - HLL picked 12 students, while ITC and Gillette took 7 and 6 respectively. The Pharma industry was represented by Dr Reddy's Laboratories and Ranbaxy. The number of offers accepted from Consulting firms - which included Accenture, Ernst & Young, Hay Group, Hewitt, Mercer and PwC - went up by a whopping 67% compared to last year. The IT/ITES Sector accounted for 22% of the batch, with 37 accepted offers from Cognizant Technology Solutions, EXL Services, IBM, NSE-IT, TCS, Texas Instruments, WeP and Wipro. The Core Sector picked the next highest numbers with 36 offers made in all by Aditya Birla Group, BPCL, Murugappa Group, Shree Cements, TAS and Tata Motors. 19% of the batch was picked up by Banks and Financial Institutions (BFI) - After ICICI Bank, the next highest numbers in this sector were from GE, which took 8 and Citibank with 6. The sector also comprised ABN Amro, AIG, ICICI Prudential, NCDEX, SBI, Standard Chartered and UTI Bank. Contributed by - |
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