XLRI’s Class of 2027 posted strong summer internship results, with an average stipend of Rs 1.6 lakh per month and a median of Rs 1.55 lakh. The highest domestic offer touched Rs 3.5 lakh per month from JP Morgan Chase. Across its flagship programmes, the placements underscore the institute’s track record of preparing students for leadership in a fast-moving market.
Official data cited by ET shows apprentice registrations under the National Apprenticeship Promotion Scheme (NAPS) hit a record 3.06 million in FY’26, up from 2.05 million in FY’25—an increase of 49.3%. The rise is attributed to reforms introduced in 2025-26, including higher NAPS stipends and decriminalizing minor offences to make participation easier.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
The government has expanded the PM Internship scheme, bringing in sectors such as semiconductors and renewable energy. Firms can now participate even without CSR obligations, while candidate eligibility has been relaxed and stipends increased. The third phase is set to target 100,000 aspirants, with more than 15,500 internship offers planned to widen access and boost participation.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
