Amid lockdowns and Covid-19 pandemic, the Adityapur-based National Institute of Technology in Jamshedpur cradle is heading for another impressive placement year with 461 of 506 students getting jobs in ongoing campus recruitments.

Software firm DE Shaw's Rs 37.5 lakh annual package stood out as the best offer so far for the batch of 2017-21.

According to officials of the training and placement cell, the tech cradle has so far achieved 91.11 per cent placement, with one month left for the completion of the placement season.

So far about 150 companies took part in the placement process which kicked off in July last year. Another 20 companies are expected to turn up in the next one month for head hunting the rest students of the placement batch.

The online recruitment process for the current batch which began in July 2020 gained momentum in October.

Professor-in-charge of NIT's Training and Placement cell, Prahlad Prasad said the computer science engineering stream recorded 100 percent placement.

"All the 88 students of the stream who were eligible for the placement process bagged plum jobs. Piyush Rai, a student of that stream bagged the highest salary of Rs 37.50 lakh offered by DE Shaw. The IT companies offered an average salary package of Rs 15.50 lakh per annum, "he said adding that e-commerce major Amazon offered the second best salary of Rs 30 lakh per annum.

The electronics and communication engineering stream recorded 96.15 per cent placement so far.

The mechanical engineering stream so far achieved 93.98 per cent placement while electrical engineering stream recorded 92.60 placement.

According to the data, the civil engineering stream recorded 75.76 per cent placements while the production and industrial engineering stream achieved 86.11 per cent placements. The metallurgical and materials engineering stream recorded 84.21 per cent placements.

"All credits to the training and placement cell team who have worked selflessly and made it a great success . At present we are looking forward to hosting the other companies who would recruit the rest students of the current placement batch, " said Prasad, the professor-in-charge of Training and Placement Cell.

Some of the other recruiters included Meesho, Goldman Sachs, Nokia, Deloitte, Tata Power, Flipcart, Infosys, Comviva, TCS Innovator, Paytm, Genpact, Lowe's India, One Plus, Cargil, Tekion, Tata Steel, Mentor Graphics, Publicis Sapient, Info Edge, Samsung (R&D), Bajaj, DMI Finance, Axeela, ZS Associates, Amdocs , One Plus and Capgemini.