Recruiters from various sectors such as information technology, core industries, manufacturing, and banking are beginning to register with Indian Institutes of Technologies (IITs) for the batch of 2025. However, as of now, these companies have not disclosed their hiring targets for the upcoming batch, according to a placement officer at one of the newer IITs. They are still waiting to receive hiring numbers from their HR teams.
The placement season at IITs typically kicks off in December for the first-generation institutes like Madras, Bombay, Delhi, Kharagpur, Roorkee, and Kanpur. On the other hand, second- and third-generation IITs, along with National Institutes of Technology (NITs), start their placements in August-September to get a head start.
A significant number of graduates from the 2024 batch, both from old and new IITs, were left without job offers by the end of May-June last year. This was a result of uncertainty in the global economy and an overflow of graduates due to the hiring spree during the pandemic. In response, the institutes reached out to alumni and startups, accepting lower salaries than usual to secure placements for their students.
Many IITs, including Tirupati, Palakkad, Goa, Mandi, Varanasi, Bhilai, and Dhanbad, are actively pursuing companies to participate in their campus placements. Some of these institutes have set a minimum compensation range of ₹6-8 lakh for their graduates.
While IT services providers have expressed interest in recruiting from IITs, students are looking for opportunities that offer higher salaries of ₹8-10 lakh or more. IT firms typically offer salaries in the range of ₹4-7 lakh, but recruiters visiting IIT campuses tend to offer higher compensation packages.
The median compensation for graduates from newer IITs is around ₹12-13 lakh, whereas for older IITs, it is in the range of ₹20-55 lakh. Some of the newer institutes anticipate a 3-4% increase in salaries this year.
Early recruiters on IIT campuses this year include Samsung, Accenture, Larsen & Toubro, and Godrej Properties Ltd. Godrej Properties’ Chief Human Resources Officer, Megha Goel, mentioned that they plan to revise salaries upwards for engineering graduates this year.
Overall, the placement scenario at IITs is expected to see a mix of established companies, startups, and high-paying firms offering salaries ranging from ₹80 lakh to ₹1.4 crore. Despite the challenges faced last year, the IITs are optimistic about attracting top companies and providing valuable opportunities to their students.
