Around 24 per cent of the offers made to IIT Kanpur are from leading industries, it said (Representational Image)
The highest domestic package received is Rs 1.9 crore. IIT Kanpur said that a total of 33 proposals above Rs 1 crore have been received from various international and national organizations
As 33 students of the Indian Institute technology (IIT) Kanpur was offered a package of over Rs 1 crore during the Phase 1 placements. The IIT revealed that it received a total of 74 international offers, an increase of 57 per cent compared to last year. So far, the highest domestic package has been received at Rs 1.9 crore. The IIT said that a total of 33 proposals worth more than Rs one crore have been received from various international and national organizations.
Phase 1 for the 2022-23 graduating batch began on December 1 and went on for 15 days. Till the completion of the first phase, 1128 students have accepted job offers including 208 PPOs (Pre-Placement Offers). The IIT said that after a gap of two years, this time the placements were conducted in hybrid mode. Around 24 per cent of the offers made to IIT Kanpur are from leading industries.
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More than 250 companies including more than 35 startups participated in Phase 1 campus hiring and offered 1200 jobs. More than 60 companies extended 208 PPOs which is 33% more than last year’s PPOs. Last year, the highest package at the end of the first phase of the placement season 2021-22 was USD 287,550 for international and Rs. 1.2 crores for domestic.
Professor Abhay Karandikar, Director, IIT Kanpur said, “Placement season is the most awaited time of the year for students and us alike. We are glad that recruiters have shown continued trust and confidence in us in the recent past. As We are making continuous leaps and bounds in enriching the R&D ecosystem of the institute, we are also witnessing a good growth in the job domains offered to our students.I congratulate the students who have made it through the first phase and wish them all the best. Hopefully, we will see the same enthusiasm in the second phase as well.
Professor 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 first phase has definitely boosted the confidence of the students. We This year has seen a paradigm shift with a 33% increase in PPOs as compared to last year. A commendable number of offers also came in from various leading industries and startups. We hope to continue this sprint for the rest of the season as well. “
Based on the number of students hired, the Top Recruiters this Season in IIT Kanpur are 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 Limited, Larsen & Toubro Limited, Legato Health Technologies etc.
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