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IIT-Delhi witnessed over 45 per cent growth in offers on day one of the placement seasons

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Indian Institute of Technology (IIT) Delhi witnessed over 45 per cent growth in the number of offers and a 35 per cent rise in the indicative compensation offered by companies this year on day one of the placement drives.

The pre-placement offers are the highest in five years and students have bagged multiple placement offers. A total of 400 placement offers until now have been extended to students.

“Around 180 PPOs have been received as of now and 7 students have opted for deferred placements facility of the institute. A deferred placements facility is available to students who wish to set up a start-up post their graduation. The students choosing the deferred placement option can avail placement services once within 2 years after availing this option i.e. up to 2023-24,” the institute’s release read.

Bain, Boston Consulting Group, Goldman Sachs, Graviton, Intel, Microsoft, NK Securities and Texas Instruments were the top recruiters on the first day of the recruitment process. “For the first time, few organisations have indicated that their salaries in India may be higher than those paid by organisations recruiting for international profiles,” the release read.

Speaking about the placement season, Dr Anishya Obhrai Madan, Head, Office of Career Services, IIT Delhi said: “We wish to thank and acknowledge all participating recruiting organisations for reposing their faith in our students. We are confident that given the new ways of recruiting and our scheduling paradigm; companies will be able to make good hiring decisions. We look forward to this positive hiring trend continuing for the rest of the season.”

The placement processes are being held virtually and in a single day slot, the interview process is conducted. For additional information, please visit the official website – iitd.ac.in.

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