IIT graduates are landing salary packages below Rs 10 lakh this year

The quest for lucrative employment opportunities faces a hurdle this placement season at the esteemed Indian Institutes of Technology (IITs). As companies reduce their hiring and provide reduced salary packages, students towards the end of the line are receiving offers with annual packages below Rs 10 lakh. Companies that would select several students are now choosing only one or two at most, prompting colleges to broaden their outreach.