IIM Indore salary dips 21% to Rs10.29 lakh

New Delhi: The Indian Institute of Management, (IIM) Indore, said on Monday its class of 2009, made of 175 students, averaged an annual salary offer of Rs10.29 lakh, a 21% dip from the Rs13.07 lakh average offer last year. IIM Indore said it had 126 recruiters on campus, 71 of them first-time ones. Virgin Mobile, Manipal Group, Punj Lloyd and Jindal Steel were among the new recruiters at IIM Indore.