Companies such as UpGrad, iNurture, Simplilearn, Toppr, Pearson, Emeritus, Imarticus are hiring CXOs as they are entering new geographies and offering new solutions.
After getting the accreditation, the IIT has already started the process of certification for a Kolkata-based company for fish items and neem oil.
New IITs at Indore, Gandhinagar, Patna and Mandi have focused on inviting more companies this year, which, in turn, has translated into more students placed than the same time last year.
Anishya Madan at the Training and Placement Unit of IIT Delhi maintains that, “We have recorded a good jump in the recruitment of students this year which is a positive sign.”
The first phase of final placements will continue till mid-December when the institutes will take a break. It will then resume in January and continue till March-April.
Part of the reason Japanese companies are leading the charge may have something to do with the need to look overseas for young talent in light of its ageing population.
Besides Microsoft and Uber, which lead in salary packages, others lined up to offer foreign postings include several top US and Japanese firms.
In comparison, the number of offers at the same time last year was 71, according to a release. In the second slot, 14 companies with 30 profiles were scheduled.
Today onwards, final placements at IITs will see companies slugging it out for the cream of engineering talent from the Class of 2018.
Recruitments by Amazon have risen 25% over last year and it’s visiting more than 50 engineering campuses and 40 b-schools, the company told ET.
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