Hi all….!!!!!!!!
One of the top most institutions in India for Technical Education is Indian Institute of Technology (IIT). Everyone knows we are in severe financial meltdown also we can say this is a recession period in the history of IT, banking sector and in many of the fields. Every year IIT will make a record in placements by 90 % compared over any other institutions in India. But due to economic crisis and slow down in IT sector hit IIT placements very much. IIT Students are finding it increasingly difficult to find placements. This year in IIT only 25- 40 per cent of M. Tech students have been placed so far. This is almost half the figure compared the 90 per cent placements the institutes’ students saw last year, reported Business Standard.
In addition to this, Bachelors in IIT is suffered much more compared over Master Degree holders. Only 75 percent of B. Tech students placed in IIT-R till now compared over 100% against last year. According to IANS, Wipro Technologies, a high recruiter of students from IIT-R did not visit the campus this year. Similarly other IT giants like Tata Consultancy Services (TCS) hired only 13 students against 36 last year and Infosys Technologies only four in number. International Business Machines Corporation (IBM) has also lowered its recruiting pattern.
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