The placement scenario in the newly established IITs have been grim because of the trend of recruiters hiring in small numbers. PSUs, such as IOC, BPCL, HPCL, ONGC, and Power Grid Corporation of India, who have recruited in healthy numbers in the past, are also staying away from placements this year. Some of the major names such as Google, Microsoft, and HPCL, who have hired in healthy numbers in the past are staying away from some of the new IITs.

Read the Economic Times news report here.