IITs see record crore-plus offers as firms jostle for talent
For the first time ever, domestic offers accounted for a significant chunk of these crore-plus packages, as companies went all out in their bid to bag the best of tech talent
Source | economictimes.indiatimes.com | Sreeradha Basu | Prachi Verma
Santa arrived early at the Indian Institute of Technology campuses this year, where crore-plus offers during final placements at 185-odd marked a new all-time high.
For the first time ever, domestic offers accounted for a significant chunk of these crore-plus packages, as companies went all out in their bid to bag the best of tech talent.
Among the IITs of Delhi, Bombay, Kanpur, Madras, Kharagpur, Roorkee, Guwahati and Varanasi, the highest domestic packages were ₹1.8 crore a year. International packages ranged as high as ₹2.15-2.4 crore.
According to campus sources and placement cells, students at IIT-Delhi received around 60 offers with salaries of more than Rs 1 crore, while other IITs with crore-plus packages included Kanpur (49), Madras (27), Bombay (12), Roorkee (11), Guwahati (5) and BHU (1). IIT-Kharagpur said it had 22-plus packages in the Rs 90 lakh-2.4 crore range, of which 1-2 were in the Rs 90 lakh-1 crore range.
