IIT-K placements end, increase in international job offers, Ppos | Kanpur News – Times of India

Kanpur: Indian Institute of Technology (IITKanpur successfully concludes Phase-I of Placement Season 2022-23 with job offers to 1,128 students including 208 PPO (Pre-placement offer). The first phase for the graduating batch of 2022-23 began on December 1 and ended on December 15.
After a gap of two years, the placements were conducted in hybrid mode. Over 250 companies, including over 35 startups, offered 1,200 jobs. More than 60 companies extended 208 PPOs, which is 33% higher than last year.
The first phase also saw 74 international offers, which shows a growth of 57% compared to last year. So far, the highest domestic package has been received at Rs 1.9 crore. In all, 33 proposals worth more than Rs 1 crore have been received. Last year, the highest package received was USD 287,550 for international offers and Rs 1.2 crore for domestic packages.
Professor Abhay Karandikar, Director, IIT-K, said, “We are also seeing a good growth in the job domains offered to our students. I congratulate the students who have made it to the first phase and I sincerely hope that we will see the same enthusiasm in the second phase as well. A good number of core companies have shown interest in campus hiring this year. To date, 24% of offers made are from major industries.
Professor Raju Kumar Gupta, Chairman, Student Placement Office, IIT-K, said, “The first phase has definitely boosted the confidence of the students. We have achieved a perfect performance this year with a 33% increase in PPOs as compared to last year. I’ve seen the change.”
Top recruiters are Rakuten Mobile, American Express, PwC, Intel, Microsoft India, Qualcomm, EXL, Oracle India Pvt Ltd, SAP Labs, CapitalOne, J. P Morgan & Chase. Reliance Industries Limited, Sprinklr, Axtria, Texas Instruments, Axis Bank, Eaton, Quadeye Securities, HSBC, Jaguar Land rover India Limited, Jio Platforms Limited, Walmart Global Tech India, Wells Fargo, Airbus Group India, ICICI Lombard GIC LTD, Larsen & Toubro Limited, Legato Health Technologies, among others. The second phase will start from mid-January, 2023.