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This is an archive article published on December 2, 2023

Placement season begins, IIT-B accepts over 200 pre-placement offers

Speaking about this year’s placement drive, Prof Lalit Mohan Pandey, head, Centre for Career Development, IIT Guwahati, said, “IIT Guwahati defies global recession by maintaining the steady placement statistics.

IIT Bombay Placement season, IIT-B pre-placement offers, Indian Institutes of Technology, global tech-slowdown, Pre-Placement Offers, PSUs at IIT Bombay, indian express newsThis year, a total of 1,491 students have registered for placements at IIT Guwahati across different streams of study. Whereas total number of companies registered for Phase I of placements is 262. (Express File Photo)

Amid speculations over global tech-slowdown and other concerns, Indian Institutes of Technology (IITs) began their phase 1 of placements on Friday on a positive note. Over 200 Pre-Placement Offers (PPOs) were accepted at IIT Bombay. Whereas three PSUs — HPCL, C-DOT and ONGC — have recruited students before day one of the placements.

While more than 350 companies are expected to participate in the placement season that will continue till December 15, day one had around 40 companies interviewing in two slots. According to information shared by the PRO of IIT Bombay, on the first day compared to last year, 80 percent of the regular recruiters participated. The companies that participated on Friday for India (domestic profiles) include Google India, Apple and Microsoft India. The companies include Procter and Gamble, Sony Japan, Texas Instruments, Qualcomm, Tata Group etc.

While IIT Bombay has not shared the information on number of offers received on day one, IIT Guwahati has declared that the institute has received as many as 11 placement offers above Rs 1 core package so far as compared to 7 offers in 2022-2023.

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According to information shared by IIT Guwahati, a total of 164 offers were made by 59 companies during day one’s sessions 1.1 and 1.2 which was still going on until late night on Friday. This is already a higher figure as opposed to 160 offers made by 46 companies at the end of both slots of day one during the last academic year, across core, software, business analyst job profiles.

Speaking about this year’s placement drive, Prof Lalit Mohan Pandey, head, Centre for Career Development, IIT Guwahati, said, “IIT Guwahati defies global recession by maintaining the steady placement statistics. Through rigorous training, our students have adeptly grasped the intricacies of companies’ requirements, equipping themselves to effectively meet these demands. This process is assisting in fostering a comprehensive understanding on the part of both the employer and potential employee.”

This year, a total of 1,491 students have registered for placements at IIT Guwahati across different streams of study. Whereas total number of companies registered for Phase I of placements is 262.

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