IIT placements turn focus to core sectors, revokes ban on big data firm

The Indian Institutes of Technology (IITs) have turned their attention to core sector companies and public sector undertakings (PSUs) and are encouraging students to seek employment in these sectors.

The AIPC has also revoked the ban on big data firm Crayon Data, one of the 31 firms blacklisted from IIT placements.

The IITs appear to be treading cautiously after blacklisting a whopping 29 startups from campus placements. Startups like Grofers, Peppertap, Zomato, Portea Medical and Hopscotch were blacklisted for allegedly dishonouring the institutes' placement policies.

"We are hopeful that PSUs will come a bit early this year. It will be a win-win situation for all. This time, we are requesting them to come a bit early. PSUs hire in good numbers usually and it is almost a dream job for students," K Mohanty, placement chairperson at IIT-Guwahati, told Business Standard.

Last year, the Madras High Court allowed PSUs to hire from campuses. The IITs are also encouraging students to accept more pre-placement offers and urging them to refrain from waiting till the final placements.