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Bleak placement season for IIT graduates, salary packages offered below ₹10 lakh: Report

  • The placement season for IIT graduates this year has taken a grim turn, with a significant portion of students facing salary packages below ₹10 lakh annually, as reported by Times of India.
  • The global economic slowdown has contributed to reduced hiring by companies, leaving many graduates still in search of employment. Institutions like IIT Indore are adapting by expanding their network of potential employers.
  • At IIT Delhi, a substantial number of graduates are utilizing career services for job opportunities, with a notable portion yet to secure employment. Despite challenges, a majority of undergraduate participants at IIT Delhi have received job offers, indicating varied impacts across courses.

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