IIT Placements 2024-25: Road to recovery

Nov 30, 2024

Story: Sheena Sachdeva

Image: Freepik

IIT placements, set to begin on December 1, show hints of a promising recovery with new startups and tech firms expanding their recruitment strategies.

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IIT Delhi sees 20% increase in job roles. More companies are joining phase 1 placements, offering diverse opportunities in core sectors.

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Investment firms, consulting companies, and product analysts are expanding recruitment. Electrical and non-electrical core branches participating more.

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But experience varies. IIT Delhi will hold
40-50% more companies. IIT Madras sees a modest 5-10% growth.

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The software sector shows the most promise. New companies from Japan and the US are joining but some key consulting and e-commerce firms are missing from the drives.

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As companies renew recruitment efforts post-US presidential elections, pre-placement interactions transform into active participation in the main placement phase.

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But some IITs are struggling. IIT Kanpur faces recruitment hurdles with just 315 job roles registered through 125 companies, down from 450 in phase 1 last year.

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IIT Hyderabad and IIT Kanpur see salary packages stay the same as last year. But at IIT Kharagpur, minimum annual compensation so far ranges from Rs 10.5-12 lakh.

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But students are cautiously optimistic, hoping for improved job opportunities this time after last year's recruitment struggles.

Design: Vipin Kumar

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