IITs likely to see less placement offers this year amid tech slump: Report

The impact on IITs is likely to be less severe than in other engineering colleges as the companies will continue to hire good talent and 'maintain a relationship with these premier tech colleges'

The global tech slowdown may impact the placements of Indian Institutes of Technology (IITs) students. But the impact will be lesser than other engineering colleges in the country. According to a report in the Economic Times (ET), IITs are anticipating a dip in the number of companies approaching them for campus placements. 

The 2021 batch, on the other hand, saw record placements. It was led by digitisation and the post-Covid revival in hiring. It saw an unprecedented number of Rs 1 crore-plus packages, international postings and other offers. 

"We are a little concerned, though the overall situation is definitely better than