Who's who of blue-chip companies coming on campus, annual packages going up to Rs 27 lakh, India's economic slowdown has not been able to dent the placements of Adityapur-based National Institute of Technology (NIT).
Training and placement cell of NIT officials have said 260 of 652 NITians have already been recruited in the current BTech and MCA batches of 2014-18 and 2016-18, meaning the institute achieved 40 per cent placements already in the exercise that started from August and will last till July 2018.
So far, 50-odd companies, including Amazon, Microsoft, Envestnet Yodlee and L&T Construction, have come for the first leg of placement.
Among them, Indian multinational L&T Construction picked up the most students, 58 from engineering streams such as civil, electronics and communication, electrical and mechanical, offering a yearly package of Rs 5.11 lakh.
If L&T was the largest recruiter so far, e-tail giant Amazon offered the highest package of Rs 27 lakh a year to each of 10 NITians from computer science and electronics and communication engineering. Microsoft offered the second-highest, Rs 23 lakh a year to two computer science engineering students.
Finance software company Envestnet Yodlee, which came to NIT after a gap, offered Rs 8.7 lakh each to two computer science engineering students. Online shopping portal BuyHatke, a first-time recruiter, offered Rs 12 lakh to one computer science engineering student. Others included Wipro, which offered Rs 6 lakh each to five NITians, Oracle Rs 9 lakh each to six, Tata Steel Rs 10.11 lakh to eight, Mahindra Comviva Rs 6.5 lakh to 11 and Mu Sigma Rs 7 lakh to 13.
Calling placements 'upbeat', professor-in-charge, training and placement cell Sanjay Kumar said, 'The profile of companies recruiting our students is very impressive.'
Training and placement co-ordinator Gaurav Kumar said IOCL, HPCL and BPCL, Infosys, Coal India, Hero Motocorp, Tata Motors, KEC International and Vedanta Group were expected this month and November.'
Final-year civil engineering student Vishal Singh, who got placed in L&T Construction, said almost all companies were offering better pay than last year.
