IIT Madras students get best-ever package of $1.37 lakh

CHENNAI: Pocket Gem, a US-based video game company, has recruited three computer science students of IIT, Madras, on a salary of $1.37 lakh (around Rs 69.87 lakh) per annum.

IIT, Madras, Deputy Registrar (placement) S Nagarjan, said that this was the highest ever offer received by a student of IIT here.

Social networking site Facebook has taken five students on a annual salary of USD 1.25 lakh (Rs 63.75 lakh), while Google has recruited four students at a salary of USD 1 lakh (about Rs 1 lakh) per year.

In the campus recruitment held during the last two days, 47 students had been selected, which again was the highest in the history of IIT here, he said. Last year 28 students were selected, he added.