IIT-Roorkee alumnus Gaurav Garg highlighted four key points regarding placements in IITs. Firstly, fresh graduates typically receive salaries ranging from ₹6 lakh to ₹35 lakh, with higher packages for CSE and ECE.
Secondly, significant salary figures often come from foreign-based companies like Google and Facebook, primarily in coding domains.
Additionally, salary packages may include ESOPs and staggered payments, with in-hand salary sometimes being only 40-50% of the quoted CTC.
Lastly, excluding computer science, the average salary offered is around 10-12 lakhs per annum, with core branches like mechanical and civil engineering on the lower end.