Asia has reportedly surpassed US in terms of finding talent at the Indian Institutes of Technology placements, as maximum offers coming from across the seas is from Japan, Taiwan, South Korea, and Singapore. Data collected by a media source revealed that in the first few days of final placements that began December 1, large number of international offers have been made at IIT Madras and IIT Kharagpur. Offers in IIT Madras rose to 22 from six in the first three days of placements, while at IIT Kharagpur, numbers jumped to over 30 from nine.
Placement sources in the institutions said the surge in international offers were partly pushed by Asian companies desperate to hire tech talent. IIT Roorkee got 13 international offers in the first three days as compared with seven last year, already surpassing last year's total tally of 12. International offers at IIT Bombay, including pre-placement offers have gone up to 60 from 50. “IITs are the hub for technology talent for global companies. Now, more and more countries, led by the likes of Japan, are realising the potential of IIT students,” said NP Padhy, IIT Roorkee professor-in-charge of training and placement.
IIT Kanpur got eight offers from US. Out of which, four were from Microsoft, three from cloud data management company Rubrik and one from Uber. IIT Bombay saw 11 international offers from Japan's Murata and Sysmex. Another aggressive recruiter was NEC Japan. Other Asian companies included Taiwan Semiconductor, Singapore-based Dynamic Technology Lab, RV Capital Management and CBS Techno.
IIT Madras received nine Japanese offers as compared with about three last year. Meanwhile, Mercari debuted on the Kharagpur campus as Taiwan Semiconductor made four offers. LG opened up profiles in South Korea for the first time, while Japanese tech company Konica Minolta came on second day. Placement sources said students are keen on Asian companies. An official said, “Quite a few offers have come from companies in Japan and Singapore other than the US recruiters. Despite salaries being lower in rupee terms, students are keen to join since those are good avenues to explore and grow and also have lower cost of living than US.”