Around 44 percent students at the Indian Institute of Technology (IIT) Indore are yet to secure jobs in the ongoing placement season, as per right to information (RTI) data shared with Moneycontrol.
While 452 students registered for the placement, only 254 have managed to get jobs until April 14, 2024, revealed the RTI reply to Dheeraj Singh, founder of Global IIT Alumni Support Group.
Currently, the average Cost to Company (CTC) stands at Rs 21.5 lakh per annum (LPA). It was Rs 24.5 LPA in 2022-23, and Rs 23.5 LPA in 2021-22. To be sure, 66 students were not placed in IIT Indore in the 2023 placement season, and 56 in 2022.
IIT Indore joins long lines of IITs struggling with placement including IIT Madras, IIT Bombay, IIT Jammu, IIT Palakkad, etc.
ALSO READ | IIT Placements: The dismal reality behind the dazzling, multi-crore-salary headlines
A previous RTI revert revealed that out of the 251 students of IIT Jammu who registered for placements, only 126 were able to receive job offers in the ongoing placement round. Similarly at IIT Palakkad, 118 students, out of 273 who registered, received jobs or were placed through campus placements (including via pre-placement offers) in 2024 till April 27, 2024.
According to Singh, around 30 percent of students are still unplaced in the top-ranked older IITs and around 50 percent of students are still unplaced in the newer IITs.
Based on the data shared by unplaced IIT students in his mentoring group, Singh claims around 32.6 percent of students are unplaced in IIT Madras, 35 percent in IIT Kanpur, 36 percent in IIT Bombay, 30 percent unplaced in IIT Kharagpur, 30 percent unplaced in IIT Guwahati, 40 percent in IIT ISM Dhanbad, 40 percent in IIT Hyderabad, 45 percent in IIT Jammu, 35 percent in IIT Delhi, 35 percent in IIT BHU Varanasi, 40 percent unplaced in IIT Patna, 35 percent unplaced in IIT Gandhinagar, 25 percent unplaced in IIT Goa, 50 percent unplaced in IIT Bhilai, and 30 percent in IIT Bhubaneswar.
ALSO READ | 33% IIT Kharagpur students did not receive placement last year: RTI data
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