The Indian Institute of Technology (IIT) Palakkad made a big leap in its campus placements for the 2021-22 academic year. With an overall 97% placement, there was a sharp increase not only in the number of companies taking part in the recruitment, but also in the number of offers and placements made. The average salary offered to the students too increased considerably.
When the highest annual salary offered during the 2021-22 was ₹1.2 crore, the average annual salary offered was ₹13.93 lakh. “There was nearly 22% increase in the average salary offer for the year 2021-22,” said Santhosh Kumar R., training and placement officer of IIT Palakkad.
The institution has excelled among the third-generation IITs in the country in finding better opportunities for its students. “Our placement record for last year (2021-22) has been very good. More international companies have begun to show up, and placements in the core sector too have increased,” said P.B. Sunil Kumar, director, IIT Palakkad.