IIT Indore, one of India’s premier engineering institutes located in Madhya Pradesh, has made headlines with its remarkable placement performance during the 2024 recruitment season. The institute has witnessed a surge in job offers, with five students receiving annual packages exceeding ₹1 crore, marking an unprecedented achievement in its history.
2024 Placement Highlights
The latest placement data reflects a sharp rise in opportunities and compensation levels for IIT Indore students:
| Placement Metric | Details (2024) |
|---|---|
| Students with ₹1 crore+ package | 5 |
| Total job offers | 500+ |
| Placement rate | 88%+ |
| Average annual salary | ₹27 lakh |
| Growth in average salary | 13% increase from previous year |
| Recruiting companies | 150+ companies |
| Previous year’s crore+ offers | 1 (in 2023) |
Top Recruiting Sectors
Companies across a wide range of industries participated in the recruitment drive, highlighting the broad demand for IIT Indore graduates:
- Information Technology
- Core Engineering
- Fintech
- Automobile
- Energy and Environment
- Banking and Consulting
- Semiconductors
- Construction
- Public Sector Undertakings (PSUs)
This diversity illustrates the rising industry-wide recognition of the technical and analytical skills that IIT Indore students bring to the table.
Global Rankings and Institutional Goals
Despite the placement success, IIT Indore faced a setback in its international reputation. In the latest QS World University Rankings 2026, the institute dropped to the 556th position, down from 396th in 2023.
Professor Suhas Joshi, the Director of IIT Indore, acknowledged this decline and emphasized the institution’s ongoing efforts to boost its global profile through various initiatives:
- Strengthening research and patent output
- Encouraging innovation and entrepreneurship
- Expanding global collaborations and student exchange programs
- Enhancing faculty development and interdisciplinary learning
International Collaborations and Faculty Strength
| Institutional Metric | Details |
|---|---|
| Total students | 3,000+ |
| Faculty members | 220 |
| MoUs signed with foreign institutions | 118 |
| Countries involved in collaborations | 34 |
The institute remains optimistic about improving its global ranking within the next two to five years, with strategic investments in academic and research excellence.
