IT Giants to recruit 2.5 lakh engineering students this year

IT giants have kick-started their campus recruitment process with a bang and plan to recruit nearly 2.5 lakh engineering graduates from across the country's campuses this year. This means IT students will see ample job offers with handsome salaries from biggest technical companies of the country.




Last year, around 2 lakh engineering students were recruited during campus placements. Campus recruitment, which usually happens in the last semester, has been advanced to the seventh semester this year. Hence, IT companies have sent their HR teams to the campus to recruit the best talent.

Cognizant, a highly reputed IT company, has offered jobs to 807 students of Anna University's Guindy campus, Chennai, 703 to students from PSG College in Coimbatore and 500 students of Birla Institute of Technology, Mesra, Ranchi.. Similarly, TCS has issued offer letters to 702 students of Thiagarajar College of Engineering in Madurai, 515 students of Velammal Group of institutions, 500 of Sairam Group of Colleges and 645 of RMK Group of Institutions, all in Tamil Nadu.

Though the number of job offers to students has increased, pay packages offered by companies will, however, remain at last year level of Rs 3 lakh to Rs 3.25 lakh a year for these engineers.

As far as supply of the engineering students is concerned, states from south India are at forefront. Andhra Pradesh leads the supply side of students with nearly 2 lakh a year, followed by Tamil Nadu with a 1.8 lakh students. Karnataka and Maharashtra supply about 80,000 students a year to the job pool.

However, institutes across India are heaving a sigh of relief as they were expecting that US debt issue might impact placements. Speaking to The Times of India about this, Sivagnana Prabhu, head of training and corporate affairs, RMK Group of Institutions, says, "When we saw the situation created by the US debt deal we thought it would impact placements. But it has not reflected in the placements in our college. It has been better than last year, with 642 students being recruited this year while TCS absorbed 477 of our students in 2010."

The interest the IT companies are showing interest in hiring freshers has impressed NASSCOM. Officials from NASSCOM say that smaller and niche IT companies like Thoughtworks, muSigma, Robert Bosch have also joined the campus placements this year.