IIT Bombay placement: 22, not 85, students secure Rs 1 cr salary package

In phase-I of placements held at the Indian Institute of Technology, Bombay (IIT B), 22 students secured salary packages worth over Rs 1 crore, according to a report by The Indian Express (IE). The institute issued a correction in the report that previously stated that 85 students had secured such packages, which was nearly four times more than the 25 such offers last year.

The institute did confirm that all other data in their report, released on January 4, was correct.

The official statement of the institute read, “The phase-I placements (December 1-20, 2023) incorrectly reported the number of accepted Rs 1 crore plus offers as 85.