A double-digit increase in pre-placement offers (PPOs) and higher average pay packages at mid-rung engineering and management colleges have raised hopes of a bumper hiring season.
Led by information technology, product, engineering and consulting companies, PPOs at campuses like Visvesvaraya National Institute of Technology (VNIT) in Nagpur, PSG College of Technology in Coimbatore, and National Institute of Industrial Engineering (NITIE) in Mumbai have risen by 50-60 per cent so far this year, administrators said.
Final placements have begun at these colleges, and going by the trend in PPOs these institutes are optimistic of good hiring numbers.
For instance, Coimbatore-based PSG