Domestic Firms offers seem to be a hit among some IIT Delhi students that have rejected international offers with over $125,000 per annum packages so as to work in the home country. According to the annual placement drive at the premier engineering institute in Delhi, there is a 30 per cent increase in the total number of campus offers in the first six days of placements by companies this year.
On Monday, IIT DELHI issued a statement that almost 50% of the batch got jobs during this period. Some students quashed international offers including those with over $125,000 per annum as base pay this year because they are opting for either getting offers from company’s counterparts in India or other domestic firms on campus.
A number of technology companies offered high packages of over $100,000 per annum as base forfeit for international positions in the first week. A few other companies and Many Japanese companies visited the campus to hire students.