Team Blitz India
MUMBAI: The Indian Institute of Technology, Bombay has reported a record placement from national and international companies in spite of a global tech slowdown.
In the first phase that concluded on December 20, over 22 candidates of India’s premier tech institute have got salary packages greater than Rs 1 crore. The average salary package, too, has witnessed an increase from Rs 23.26 lakh per annum last year to Rs 24.02 lakh per annum this year.
Around 400 companies participated this year and made 1,340 offers of which 63 were from foreign corporations. International offers included locations in Japan, Taiwan, South Korea, Netherlands, Singapore and Hong Kong.
“Considering the market concerns, the placement office has taken great efforts to ensure a similar pool of offers, although with a greater number of companies. We are trying to bring more companies to the next phase, an official from the placement office was quoted as saying in the media Sectors having the highest number of offers were Engineering & Technology, IT/Software, Finance and Banking, Management Consulting, Data Science and Analytics, Research & Development and Design.
Top recruiters included Accenture, Airbus, Air India, Apple, Google, Intel, Jaguar Land Rover, JP Morgan Chase, JSW Arthur D. Little, Bajaj, Barclays, Cohesity, Da Vinci, DHL, Fullerton, Future First, GE-ITC, Global Energy and Environ among others.