The job market for engineering students in India, particularly at the top institutions like the IITs, is currently facing uncertainties as recruiters are treading cautiously. The hiring season for the batch of 2025 has begun with mixed signals, leaving students anxious about their prospects.
Out of the 23 IITs in India, the older ones typically start their placement process in December, while the newer ones and NITs begin in August-September. However, many companies have not finalized their hiring numbers yet and some are even considering skipping campus placements altogether in favor of pre-placement offers to selected candidates.
The cautious approach from companies can be attributed to the aftermath of over-hiring during the pandemic, global economic slowdown, geopolitical tensions, and uncertainty surrounding policies in key markets like the US. This climate of uncertainty is not limited to just the IITs, as sectors like startups, manufacturing, and banking are also expected to hire conservatively.
Colleges are actively reaching out to companies and alumni to attract recruiters to their campuses. While older IITs may still attract high-paying companies, newer institutions are hoping for a modest increase in salary packages this year. Roles in project management and artificial intelligence are expected to be in demand, with a few high-end firms offering six-figure salaries but in limited numbers.
Overall, the job market for engineering graduates in India is witnessing a cautious approach from recruiters, signaling a challenging road ahead for the batch of 2025. Students need to be prepared for a competitive job market and potentially lower salary expectations.