Home / News / India /  IIT Bombay records all-time high placements in phase one. Highest package 2.16 cr

IIT Bombay records all-time high placements in first phase. 1 cr package to 12

IIT Bombay has secured an-all time high offers in first phase of placement that began on December 1 and went on till 18 this month. The institute recorded 1382 selections so far (including pre-placement offers) from 315 companies. 

“This is an all-time high record of number of offers in Phase-I of Placements at IIT Bombay. We are expecting some more offers in the coming days," the institute said in a statement.

The highest number of offers was rolled out by the engineering and technology sector. The institute had 2 PSUs coming in phase-I of placements this year, which issued nine offers. 

The IIT-Bombay has received a total of 45 international offers from different countries like USA, Japan, UAE, Singapore, Netherlands, Hong Kong and Taiwan. 

The institute informed that the number of international offers above 1 crore were seven and domestic offers above 1 crore were five. “The highest domestic package has been 1.68 crore per annum, and the highest international CTC (cost to company) was $2.87 lakh (approx 2.16 crore) per annum," it added.

The average package offered this year was 25.00 lakh per annum. 

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