IIT placements: Average package rises 7.7% but fewer students land jobs

As the rush for a seat in the prestigious Indian Institutes of Technology (IITs) increases every year, students face a grim reality once they achieve their dream of entering these institutes. The 2024 placement season at IIT-Bombay has painted a complex picture of both growth and challenges. The average salary package rose to Rs 23.5 lakh, a 7.7 per cent increase from the previous year, according to a report by the Times of India.