Hello Abhilshek,

The meaning of placements in engineering is that you will get an opportunity or an offer from a company that you can start working in that company after you finish your graduation before you even finish your graduation.Thes placements will generally be offered to you when you are in the last semester of the engineering before you finish the final examination.Hope you have understood the meaning of placements.

Now talking about the placements in engineering,the average package if you are studying in a very good Institution like a IIT, your package will be more than 10lpa for annum and if you are studying in a normal engineering college,then it may be lesser.