Which school should I choose for consulting/operation - IIM Indore or Management Development Institute, Gurgaon?

My sister was in a similar situation and could not reach a decision. But in the end, she went for MDI. She does not regret her decision at all as she says MDI is one of the best B Schools in India. Some points that support her opinion are

• MDI is recognized by the Eduniversal rankings as a 5 palms institute. This included other top B Schools like IIM ABC and a few others.
• The MDI faculty is at par with that of any top IIM. The faculty strength is around 80 permanent renowned faculty. The faculty is extremely experienced and well-known in the industry. 
• MDI has its own mutual fund which is unique in the whole country. One of the most reputed investors is Sanjay Bakshi.
• Corporate talk series is conducted to host guest lectures led by eminent people like the CEO of Deloitte US.
• The students at MDI enjoy a fun-filled campus life. The ambiance is rather fresh and clean with trees and red bricks.
• The exchange program is also top-notch with partnerships with some of the top universities across the globe.
• The placement opportunities are also much broader and versatile here. Many companies that only visit IIM A B C, visit the campus of MDI as well.

Consulting

MDI has largely improved in the consulting domain over the past few years. The most reputed recruiters of the consulting sector visit the campus and offer the best profiles. Some of them include 

• AccentureStrategy
• Aditya Birla Group
• Boston Consulting Group
• Deloitte India
• Deloitte USI
• McKinsey & Company
• PwC US Advisory
• Hinduja Group
• RelianceIndustries Limited

The highest CTC in the consulting domain at MDI stood at INR 38.30 LPA with 171 offers. So if you are ready to give up the IIM tag for a lifetime, then MDI is the best option.