One of my friends pursued BTech from a renowned IIT and even had work experience when he got an offer from IIM Nagpur. He wasn’t sure if joining it would be worth it but a few months into the college made him realize that it was one of the best decisions of his life. He claimed that the following points convinced him to join IIM Nagpur
I have seen many people forgoing offers from XIMB-BM, IIM Kashipur, IIM Indore- Mumbai campus VGSOM and all the newest IIMs to join IIM Nagpur. Its fast-paced growth and promising placement opportunities are the main reasons for the same. So I think IIM Nagpur is way better than XIMB.
The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.
Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.
So one cannot match XLRIs programs no matter how much they try.
The famous alumni of XIMB include :