IIT Placements: Crore Plus Packages Make A Grand Comeback

As per the sources, the highest package garnered for an international role at IIT-Kharagpur was $150,000 ( 93 lakh), which is a rise of about $25,000 compared to the previous year. While at IIT-Guwahati, the highest compensation package saw a rise of $1,000 compared to the last year and stood at $120,000 ( 74.8 lakh).

According to a placement team member at IIT-Bombay, the last year’s highest spender, Korea's Samsung Electronics that offered $135,000 ( 84 lakh) packages, is most likely to make offers that is along the same lines. It was also revealed that tech giants such as Microsoft and Google are considering option to offer packages that is in the range of $110,000 (Rs 68 lakh) to the shortlisted candidates at the institute. Google has also offered $120,000 (Rs 74.8 lakh) pay package to students at IIT-Guwahati.

Apple, Oracle, Schlumberger and Mitsubishi, along with Indian startups such as Zomato have emerged as the most generous recruiters who have offered top offers during the current placement season.

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