Overview
- An HT analysis reports overall placements across 23 IITs fell from over 90% to around 80% between 2021–22 and 2023–24, with the weighted average salary slipping from ₹23.45 lakh to ₹22.7 lakh.
- First‑generation campuses saw a decline of over 11 percentage points to 79% with only a slight pay dip, second‑generation IITs recorded about a 9‑point drop with a ~₹2.2 lakh salary fall, and third‑generation IITs fell ~7.3 points with ~₹1 lakh lower pay.
- Unplaced students rose at 22 of 23 IITs, with IIT Madras reporting 278 unplaced in 2023–24, while IIT (BHU) Varanasi was the lone exception with improved placement rates.
- Some older IITs drew more recruiters in 2023–24 than in 2021–22, including IIT Guwahati adding 286 companies and IIT Kharagpur adding 24.
- Congress leader Jairam Ramesh accused the government of compiling but not publishing IIT placement data and linked the trend to unemployment and wage stagnation, as a consolidated 2024–25 IIT report has yet to be released.