Along with Naidu, Catholic bishops were also present at the event. Under Jesuits Missionary, this institution is getting ready. The State government has allocated 50 acres of land for the XLRI at Inavolu. After Jamshedpur, Noida, and Mumbai, XLRI has decided to construct their fourth campus in Amaravati.
The Institute will admit 5,000 students from the academic year 2019-20 and will be run classes for students in a temporary building till the constructions are completed.
E. Abraham, director at XLRI Jamshedpur said, “It is our belief that in emphasizing value-based management education, we will be grooming business leaders who will serve as catalysts of change and become responsible leaders of tomorrow that will carve the destiny of a new India. As we recall XLRI’s historic legacy of 70 years of shaping global business leaders, we need to look towards the future and not be content with our existing laurels. For that we decided to spread our wings in the other parts of India”.
XLRI Jamshedpur is a premier, private management institute in India founded in 1949 by Quinn Enright and has grown to be one the top-ranking business management school of international repute with a wide portfolio of management programs and research publications. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations.
In September 2018, the institute achieved 100 per cent placement of the entire 2018-20 batch of 362 students for summer internship with the highest stipend offered at Rs 165,000 per month.
The internship process saw the participation of over 95 companies offering roles across domains, including consulting, finance, sales and marketing, operations, business development (BM), human resources (HR) and industrial relations (IR) and new firms were also added to the recruiters’ list.
The Boston Consulting Group, AT Kearney, Accenture Strategy, EY, Deloitte, KPMG and PwC recruited from the consulting domain while P&G, Colgate Palmolive, Hindustan Unilever, Nestle, RB Johnson & Johnson, Mondelez, Coca-Cola, Pepsi, ITC India and AB InBev were among the regular recruiters from the FMCG sector.
Goldman Sachs, HSBC, Avendus Capital, JP Morgan Chase, Citibank, Kotak Wealth, Maitreyi Capital Advisors, ICICI Bank, YES Bank and Edelweiss were the majors from the financial services sector, while Tata Administrative Services, Aditya Birla Group, RP Goenka, Mahindra and Bharti Airtel group had offered general management roles.