NEW DELHI: The COVID-19 pandemic and subsequent disruption in the economy seem to have had little impact on the ongoing placements in the prestigious Indian Institutes of Technology where the annual pay package offered has risen by 30-35 per cent as compared to last year.
lacement incharge at several IITs said the payment offers from domestic companies have overshadowed even top international offers, which means that many fresh graduates will earn more in the country than their batchmates who take up offers abroad. Less than two weeks after the placement season began, nearly 60 per cent final year students in the older IITs have already got placement offers.
At IIT-Delhi, over 300 national and international firms offering more than 500 job profiles across multiple sectors had registered for hiring students this year and on the first day of the first phase of final placement itself, students had bagged over 300 placement offers, including pre-placement offers with many bagging multiple offers. Also, around 150 PPOs, including international locations, were received.
Source: The New Indian Express
