To boost the Make In India initiative, ministry of human resource development (MHRD) has asked the IITs to give a preferred slot to core engineering companies. After several informal requests, IIT-Bombay has obliged and given the core companies 11 slots out of 30 starting from day 1. IIT Madras has also moved up the companies by several days in the schedule.
IIT-Kharagpur and Delhi have not given any preferred choices to these companies.
The core companies offer only an average salary of Rs 30 lakh while consulting, finance, technology and ecommerce companies have offered salaries upto Rs 1 crore last year.
110 core engineering colleges will visit IIT-Bombay as the institute aims to provide a balance by offering equal opportunities to firms from consulting, finance, banking, technology and core engineering and not just for the Make In India initiative. [source]