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IIT Talent War: AI Firms Offer Over ₹1 Crore Packages
1 Dec
Summary
- Top IITs see major companies offering over ₹1 crore salaries.
- AI, HFT, and tech giants compete for scarce engineering talent.
- Recruitment drive starts December 1st across multiple IIT campuses.
The placement season at India's premier Indian Institutes of Technology (IITs) kicks off on December 1st, marking a significant battleground for top engineering talent. High-frequency trading firms, AI startups, and major tech corporations including Tesla, Apple, and Microsoft are poised to offer substantial compensation packages, some exceeding ₹1 crore, for roles such as AI scientists.
This year's recruitment drive sees intense competition, with firms like Quantbox Research reportedly offering between ₹1.2-1.4 crore. Other players like Da Vinci Trading are expected to offer as high as 252 thousand euros (approximately ₹2.6 crore). These companies are targeting candidates with strong analytical and AI skills across older IIT campuses.
Beyond HFT and AI firms, established companies like Hindustan Unilever and global giants such as Boeing and Airbus are also participating in the recruitment. The placement outcomes at IITs serve as a key indicator for campus recruitment trends in India for the upcoming months.
