IT Firms Confirm To Conduct Campuses

Hi friends,

As the global economy limps back to normality, Indian information technology (IT) companies are ready to recruit from campuses.Last year, placements at the engineering institutes were relatively subdued due to the slowdown in the economy.

This year, however, both the Indian Institutes of Management (IIMs) and IITs confirmed that IT companies have approached them for placements. On an average, IT companies recruit around 50 students each from engineering campuses and 20 students from management institutes.

The IITs say IT majors like IBM, Microsoft, Yahoo, Adobe, Amazon, Intel, Cognizant and Oracle have assured them of participation. Moreover, Tier-I IT firms like Tata Consultancy Services (TCS), Infosys Technologies and Wipro have said they would firm up the number for campus hiring only after their third quarter results (October-December 2009).

The job scenario in Indian technology is reasonably better than last year.” The company has increased its employing target for financial year 2009-10 from 16,000 to 20,000. Of this, close to 2,000 would be lateral (experienced people) requiring the remaining would be freshers.