The Telegraph
Thursday , February 27 , 2014
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NIT talent punch against slowdown
- Placements strong even in last leg, PSU offers Rs 13.6 lakh a year

Remember the Billy Ocean song based on the saying “when the going gets tough, the tough get going”? Adityapur-based NIT seems to have made it their campus placement anthem.

Of the 2013-14 batch of 680 students — 600 BTech and 80 MCA — who have answered their final semester and are waiting for April when their results arrive, 75 per cent have been placed and there is no dearth of reputable head-hunters even in the last leg of this season.

On Saturday, February 22, public sector undertaking Power Grid Corporation of India Limited (PGCIL) recruited two students from BTech electronics engineering, offering each an annual package of Rs 13.6 lakh.

Earlier that week, Samsung picked up 44 students, offering each Rs 8 lakh per annum, the group company selecting 42 computer science and one electronics engineering student from BTech and one MCA.

A source from the training and placements cell of NIT, a college regulated by Union ministry of HRD, said they were delighted with Samsung for not just picking up 44 students but also giving decent pay packages to all.

Recently, Trident, a manufacturing company, recruited a mechanical engineering student at a yearly package of Rs 9 lakh while Tata Telcon recruited one each from mechanical and manufacturing engineering, offering Rs 6.7 lakh per annum.

Tata Motors also picked up six students, one from mechanical, two from metallurgical and three from manufacturing, offering Rs 6 lakh per year.

Last month, Honda (R&D) recruited three for a yearly Rs 6 lakh package each, while Rancore Technologies recruited three more for Rs 5 lakh each.

NIT spokesperson Rajiv Bhushan said the mood inside campus, despite the slowdown, was upbeat. “Till now, 75 per cent students have been placed and 73 companies visited us for head-hunting. The process will end in a couple of months with around 95 companies,” he said.

For the 2012-13 batch, 80 companies came and the highest package, Rs 10.5 lakh a year, was offered by IOCL to eight students. “This year, the volume of premium offers and companies is much more,” he said.

Lokesh Khandelwal, a BTech computer science student, made history by clinching NIT’s highest-ever yearly package of Rs 33 lakh from Works Applications, a Japanese software company headquartered in Tokyo.

NIT had another aha moment when software major Amazon chose three computer science students, giving each an annual package of Rs 14.96 lakh.

Placements for 2013-14 kicked off last July-end, with Mu Sigma snapping up 15 students for an annual package of Rs 4.5 lakh each and Mahindra Comviva another 15 for Rs 5 lakh a year.

“We think the economy is looking up slowly,” a placed student smiled.