Retailers head to IIM to recruit talent

Retailers are targeting IIMs to recruit qualified talent that has been rather scarce in the retail industry. The Financial Express reports that companies such as Reliance Retail, Bharti-Wal-Mart, Essar, RPG and Tesco are all lining up to recruit the business school's graduates in campus placements in March. Most retailers are looking to recruit a large number of graduates, which is likely to increase salaries by 40-50%, since finance and IT companies are also interested in recruiting candidates from these institutes. Tesco has confirmed its participation at IIM Calcutta, IIM Bangalore and ISB Hyderabad.

Companies from different sectors, including those from pharma, retail and real estate are also approaching the IIMs and ISB, Hyderabad for participating in the final placement process, which would start in March.

"Though Finance and IT are performing well on the dalal street, still they will have to face competition from the newcomers," IIM Ahmedabad placement committee member Pravin G said.