Barrel IIT campuses, need a shower from American companies

American presence at India's campus placements this year will be conspicuous by its absence. Most of the US companies that do not have operations in India have not registered for placement at the country's tech schools. Only Facebook is one company who is showing interest in India but the company is not at all opting for the IIT campuses this year.

The most talked about company Twitter, who offered big packages to the Indian IIT students last year, is still absent from the market.

Most of the IIT students and faculties preferred keeping their silence on American companies, not choosing the Indian IIT market this year.

But few job aspirants says "The US visa issue last year was great concern and many American companies that hire in large numbers and with big pay packets had decided to stay away from Indian engineering colleges campuses now. Last year, the annual quota of 65,000 H1-B work visas were snapped by job immigrants even before graduating techies had their first degree in hand, forcing many to take an unpaid vacation to work at the US companies' India offices or fly to another country for a year."

Avijit Chaterjee, chairman of IIT Bombay's placement cell says "there are more Japanese firms coming to IIT-Bombay than companies with operations solely in the USA."

Japanese firms like Mitsubishi Heavy Industries, Uhuru Software and Sony Japan are the companies who are at the top in hiring Indian IIT students.

Apart from that, the bad economy has seen little attrition; most companies said that they have fewer vacancies to fill.

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