IIFT, in a statement, said there is “a remarkable increase” in the offers by leading recruiters this year.
The institute saw a good turnout in its summer placements, with 288 students of MBA (International Business) 2016-18 batch clinching the best of brands from the industry.
“The average stipend has been Rs 1.24 lakh as compared to Rs 1.10 lakh last year. Nearly 60 per cent of the batch were offered a six-figure stipend,” it added.
The institute was set up by the government to help professionalise the country’s foreign trade management and increase exports by developing human resources, generating, analysing and disseminating data and conducting research.