India, April 17 -- Amritsar - The Indian Institute of Management Amritsar (IIM Amritsar) achieved a significant milestone by securing summer placements for its entire MBA batch of 2023-2025. This year saw a record-breaking number of participating companies, with over 130 recruiters joining the process, including 40 new participants.

The institute highlighted a 7% increase in the top quartile stipend for summer internships, reaching a maximum of Rs.2,00,000. This increase reflects the commitment to providing enriched learning experiences for students.

Several prominent companies participated in the placements, including Adani Group, American Express, EY, ICICI Bank, Infosys, Kotak Mahindra Bank, L&T, and Tata companies. Notably, startups...