PINAKI MAJUMDAR
Jamshedpur, Aug 21: The placements for the batch of 2018-22 at the Adityapur-based National Institute of Technology ( NIT ) began on an impressive note.
Initial figures suggest that the tech cradle of national repute is heading for another successful placement year.
Data available from the institute’s Training and Placement Cell revealed that in the last one fortnight ever since the online recruitment process began at the end of July around 120 students from various streams of engineering bagged plum jobs.
The batch-size for placement comprises over 500 students.
Placement of over 100 students within a fortnight of the beginning of the recruitment process is a record in the history of NIT. And this has happened against odds- the Covid-induced pandemic and lockdown restrictions in the state and other parts of the country.
Samsung R&D, Bangalore’s Rs 35 lakh annual package stood out as the best offer so far for the batch. The second best offer of Rs 32.20 lakh was that of e-tailer giant Amazon.
Deloitte, a leading MNC which provides consultancy topped the list of mass recruiters.
It recruited 33 students offering them an annual salary package of Rs 8.6 lakhs.
Amazon emerged as the second mass recruiter. It headhunted 32 candidates from various streams.
Business applications company Tekion by selecting 24 students emerged as the third mass recruiter offering the candidates an annual package of Rs 30 lakh per annum.
Qualcomm, a US-based MNC took 14 students offering them an annual salary package of Rs 23 lakh.
Lowe’s India, a business analytics company selected nine students offering them an annual CTC of Rs 19.34 lakh.
Exxon Mobil, a petroleum and chemical manufacturing company took eight students offering them an annual salary of Rs 11.5 lakh.
The average CTC of computer science students was more than Rs 25 lakh per annum while the average CTC of electronics and communications engineering stream was more than Rs 22 lakh per annum. The overall CTC was more than Rs 17 lakh per annum.
Professor-in-charge of NIT’s Training and Placement Cell, Prahlad Prasad said, ” The placement process begun well. It was a record of sorts as this was for the first time over 100 students got recruited in such a short period of time.”
He went on to say that the companies which so far participated in the placement process were recruiting more students compared to last year.
” The placement process will continue for one year. We are expecting the participation of around 160 companies. Looking at the current trend of recruitments we are hopeful of achieving 90 per cent placements by October,” he added.
Gunjan Kumar, a B.Tech student who completed his internship at Intuit and was offered an annual salary package of Rs 35 lakh thanked the placement cell.
“All credits go to the training and placement cell team for this remarkable achievement. The constant motivation and guidance of our director Prof. K K Shukla also resulted in this year’s record placement so far with good salary offers,” he said.
Gunjan was born and brought up in Ranchi. His father, Vinay Kumar, is a lab technician and his mother, Shiwani Kumari Mehta, works as a teacher in a government school.
Some of the other recruiters so far included Juspay, Cashfree, Intuit, Tata Steel, and Proc DNA, a global consulting firm.
