IIM Indore students are getting the placement offers with flying colors - with almost 16 percent increase in average annual salary packages.

Indian Institute of Management - Indore (IIMI) students of 2010 batch have received an annual salary package of Rs. 10.29 lakhs. As per sources, all the 175 students have similar packages. An investment bank has offered as much as 28 lakhs to students at IIM for Job offers/Positions based in India.

IIM Indore's 11th convocation will be held on March 29th. Harsh Mariwala, Managing Director of Marico Limited will be the chief guest on this occassion.

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