About 24 percent of offers at IIT Kanpur come from core industries, it said (representative image)
he highest domestic package received is Rs 1.9 cr. A total of 33 offers above Rs 1 cr have been received from various international and national organizations, said IIT Kanpur
As many as 33 students from the Indian Institute of Technology (IIT) Kanpur were offered a package of Rs 1 cr during the phase 1 placements. A total of 74 international offers indicate a 57 percent jump from last year, the IIT revealed. So far, the highest domestic package received is Rs 1.9 cr. A total of 33 offers above Rs 1 cr have been received from various international and national organizations, the IIT added.
The first phase for the 2022-23 graduating group started on December 1 and lasted 15 days. To the completion of the first phase, 1128 students have accepted job offers, including 208 PPOs (pre-placement offers). After a two-year hiatus, the placements were conducted in hybrid mode this time, the IIT said. About 24 percent of the offers at IIT Kanpur are from the core industries, it said.
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More than 250 companies, including more than 35 startups, participated in Phase 1 campus recruitment and offered 1,200 jobs. More than 60 companies renewed 208 PPOs, which is 33 percent more than last year’s PPOs. Last year, the highest packages at the end of Phase 1 of the 2021-22 placement season were USD 287,550 for International and Rs. 1.2 cr for household.
Prof Abhay Karandikar, Principal of IIT Kanpur said: “The internship season is a much anticipated time of the year for both the students and us. We are pleased with the consistent trust that the recruiters have placed in us in the recent past. As we continue to make progress in enriching the Institute’s R&D ecosystem, we are also seeing good growth in the jobs offered to our students. I congratulate the students who have been placed in phase 1 and I am hopeful that we will see the same enthusiasm in the second phase as well.”
prof. Raju Kumar Gupta, Chairman, Students’ Placement Office, IIT Kanpur, said: “We thank all the recruiters for their continued support and trust in the Institute and the students. The phase 1 has certainly boosted the self-confidence of the students. We’ve seen a paradigm shift in PPOs this year with a 33% increase over the previous year. A significant number of offers also came from various core sectors and startups. We hope to continue this sprint for the rest of the season.”
Based on the number of students hired, the top recruiters this season are at IIT Kanpur Rakuten Mobile, American Express, PwC, Intel, Microsoft India, Qualcomm, EXL, Oracle India Pvt Ltd, SAP Labs, CapitalOne, J. P Morgan & Chase, Reliance Industries Limited, Sprinklr, Axtria, Texas Instruments, Axis Bank, Eaton, Quadeye Securities, HSBC, Jaguar Land Rover India Limited, Jio Platforms Limited, Walmart Global Tech India, Wells Fargo, Airbus Group India, ICICI Lombard GIC LTD, Larsen & Toubro Limited, Legato Health Technologies, among others.
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