MUMBAI: Indian Institute of Foreign Trade (IIFT) has completed summer placements for its 2016-18 batch with an average stipend of Rs. 1.24 lakh as compared to Rs 1.10 lakh last year.Around 88 leading recruiters, including 33 first-timers, made offers to the 288 strong-batch. Companies on campus included HUL, ITC, Goldman Sachs, JPMorgan Chase & Co, Nestle, Godrej Industries (GILAC), Colgate Palmolive, Marico, Shell, GE, BNY Mellon, Dabur, Bain Capability Centre, Deloitte, GSK CH, J&J Pharma, Google, Amazon, Citibank and Axis Bank.Nearly 60% of the batch were offered a six-figure stipend. The Tata group (Tata Steel, Tata Motors, Titan, Tata International & TCS) made a total of 16 offers.Despite a stagnation in the trade and shipping industry, the trend of international summer placements continued in IIFT with 15 international roles being offered across Middle East, Africa, Nepal, Thailand, Sri Lanka, Indonesia, and Europe. ADM & Louis Dreyfuss offered plum roles while similar trade roles were also offered by ITC, Mount Meru Group, Golden-AgriResources, Tata International. The Organization for Economic Co-operation and Development (OECD) recruited exclusively from IIFT for their Paris office while The World Trade Organization recruited interns for their Geneva office.This year, over 22% of the batch opted for internships in the finance sector across such companies as Goldman Sachs, JPMorgan Chase & Co, Axis Bank, IDFC, DBS, Nomura, Duff & Phelps, ICICI Bank, HSBC STG, Citibank, Indus Valley Partners and EXIM Bank.Sales and Marketing domain saw active representation across sectors like FMCG, Telecom, Pharma and Healthcare, Consumer Durables, Media and Advertising, Apparel Retail, Automotive, Iron & Steel manufacturing and real estate. Top leading FMCG brands which recruited from IIFT are HUL, ITC, Nestle, Godrej Consumer Products, Marico, Colgate Palmolive, GSK CH, Philips, Dabur, L'Oréal, Perfetti Van Melle, Britannia, Akzo Nobel and Wipro CCLG.Recruiters from the Telecom domain included Airtel, Vodafone, Idea. The Pharma sector observed a boost in the placement count with J&J Pharma, Eli Lilly, Medtronic, Boston Scientific, Becton Dickinson hiring an impressive number. The media and advertising sector saw representation from the likes of Bennett Coleman & Co and Sony MSML. Among other sectors, the notable firms included Amazon, Infoedge, MakeMyTrip, Madura Fashion & Lifestyle, Ikea, Shopclues, etc.Consulting saw a significant uptick with over 13% of the batch opting to intern in this sector. Bain Capability Center (BCC) recruited from IIFT for the first time.The General Management domain scaled up to 12% with regular recruiters like Shell, Mahindra and Mahindra, Airtel, Godrej Properties, Axis Bank, JSW Steel Ltd, RPG, L&T & Robert Bosch, coupled with companies like Google and Capgemini recruiting substantially from IIFT.