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Should I apply for 1 yr internship?

Bosch has come to our college for internship but it's 1yr. Stipend is 40k. Conversion is 16LPA.
Role is AI ( that's all they have given in jd)

Should I apply? Caveats are i won't be here for 4th year, and can't sit for placements next yr as I won't be here.

Anyone know anything about bosch ? Ppo conversion rate? Itd be great help. Thanks!

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