“The student strength has gone up by 30 per cent over last year, when we had 317 students as part of campus placements. The percentage of companies is also up by 10 per cent. As far as the current market scenario is concerned, there has been an impact on the banking and financial services sector. The number of offers per company in this sector has come down,” said Prof Ashok K Pundir, dean of students affairs and placement at NITIE. The process is likely to get over in the coming two weeks. The highest domestic salary offered so far is nearly Rs 20 lakh, while the highest international salary offered is $1,50,000.

However, the institute has seen an increase in the number of offers from the manufacturing and IT sectors. “Both these sectors are doing well and are looking at increasing their manpower. Overall, the placements are going well. We have already placed 351 students, an increase of 11 per cent from last year,” he said.