Placements

The highest domestic package achieved this year is Rs 75 LPA, while the highest international package is Rs 65 LPA. The average salary offered is Rs 32.3 LPA

This comes after the legacy IIT revealed that it had recorded 579 offers on the first day of placements through a combination of campus placements and PPOs

An RTI by Indian Institute of Technology Kanpur alumnus has revealed that over 7,000 IIT students are yet to be placed across all 23 of its campuses

In the IIM Indore placements, the stats for 2024 comprised of the average CTC at Rs 25.68 LPA, while the middle CTC remained at Rs 24.50 LPA and the highest at Rs 1 crore yearly

Consulting firms led with the highest number of offers, followed by finance and FMCG firms

Moreover, the committee also expressed concern over the persistent instructor vacancies in the ITIs and low enrollment levels

Demand by employers shows a thaw in hiring freeze in some sectors, says trend shows a thaw in hiring freeze in some sectors

Inviting more firms for placements, tap into stronger, better-performing sectors

However, IT companies have also been strategic in the extent of hiring cuts that have varied from campus to campus

Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22

In its first iteration, the government was able to enrol two million candidates, but it could certify 1.5 million and place only 0.3 million

A combination of lower requirements and higher interest rates are said to have acted as a dampener

Average CTC of top-50% of students at Rs 24.15 lakh; a total of 77 companies recruited 208 students under campus placement programme

The highest domestic offer tops Rs 60 lakh, made by BFSI sector

Placement process concludes with a rise of 10% in highest international salary

Post-ISB salary up by 173% over pre-ISB salary

Final placement process to begin from February 8

Average package up 6% to Rs 25.01 lakh, all 572 candidates from two programmes placed

Highest domestic package is for Rs 1.68 crore per annum this year compared to Rs 64 lakhs per annum in 2020.

While most of the campuses are yet to wrap up the first phase of placements, which began on December 1, some of the older IITs have witnessed a significant jump in salary packages