IIM graduate as CEO for Rs. 600,000 year

Today in the morning, I had commented on the drop in the salaries that are being offered to IIM graduates as compared to the previous years. While writing the above post, I was not aware that ManishBhai Patel who owns Rs. 3 crore Varun Radiators in Kajol, Gujrat hired a 26 year old IIM (A) graduate as CEO for Rs. 600,000.

Patel wants to grow from Rs. 3 crores to Rs. 15 crores and expects the IIM graduate to help him achieve this ambitious plan.

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