Early placement trends from top campuses in the state indicate that the appetite to recruit large numbers remains continues. However, entry-level salaries for graduating engineers remain unchanged for the fifth year in a row at Rs 3 lakh to Rs 4 lakh.
Vellore Institute of Technology (VIT) on Thursday announced that 3,934 offers were given to its students by three companies — Accenture, Wipro and Cognizant. This is higher than 3,603 jobs offered last year during a three-day placement process. “The salary offered by three firms was in the range of Rs 3.5 lakh to Rs 4 lakh, which has not changed much in recent years,” said G Viswanathan, VIT chancellor. Last year, 225 recruiters visited VIT. This year, 40 to 50 have completed placements and 150 are expected over the next few weeks.