In core engg sectors, recession spares campus recruitments

Lucknow, November 21 : The economic meltdown has hit the campus recruitment of the country’s premier institutes, but Institute of Engineering and Technology (IET), Lucknow, has a reason to smile. In the first session of placement of undergraduates, of the 280 registered students, 168 students have already been offered jobs.

Unlike the previous years, the core engineering sectors — civil, mechanical and electrical — witnessed a high demand. The authorities expect around 200 students to receive job offers by the end of the year.

“We have seen a rise in demand in the core engineering sectors this year. Placement statistics indicate a shift in job opportunities from IT to civil, mechanical and electronics,” said Dr D S Yadav, Head, Training and Placement Cell.

Companies like Lanco Infratech, Hindalco, Hero Honda and Larsen and Toubro have already hired undergraduates from the institute.

Lanco has hired 16, of whom seven are from the civil engineering department while Larsen and Toubro has hired 10, three from mechanical, four from electrical and three from civil. Hindalco has hired three and more companies are flocking to the institute. Simplex Infrastructures, Hindustan Construction Company and Shapoorji Pallonji are expected to arrive soon.

“Economic development over the past three years has led to a boom in the infrastructure and power industry,” said Vineet Sachan, a civil engineering student who received an offer of around Rs 4.5 lakh per annum from Lanco.

“The economic recession is rampant in the IT sector. Core engineering has not been affected much,” said Divyabh Tyagi, a mechanical engineering student.

Computer Science and Electronics department, however, recorded 31 and 29 placements respectively. Tata Consultancy Services (TCS), has continued with its placement rounds at IET.

“TCS has absorbed much of the impact of the recession due to its length and breadth,” said Amitanshu Nath, HR executive, TCS, which has hired 96 students.

The salary structure also reflects this trend, with core sectors surpassing traditionally high paying IT companies. Hero Honda offered around Rs 5 lakh per annum while Lanco offered Rs 4.5 lakh per annum. In comparison, TCS offered around Rs 3.15 lakh per annum.

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