Hyderabad: Start-up companies have failed to find a place in campus recruitment drives in several leading technology institutions in the state this year.
The start-up fiasco at IIT-Bombay the previous year has hit them hard, and Telangana is no exception. Top national and state engineering colleges, have turned to core sector firms this time around. Among them is NIT (National Institute of Technology) Warangal. Last year, nearly ten students suffered due to actions of some of these firms.
Six B.Tech final-year students, who were hired one-year in advance, were told by a Delhi-based company in June, a month before they were to join, that they could not honour their job offer. Some other students were told to look for other options six months after they took up their jobs, as the company’s finances dipped drastically. NIT placement officer Prof. Amba Prasad said, “We are not against start-ups.
The decision was taken after looking at things from the viewpoint of students and their families. Students are getting jobs well in advance based on their talent and academic record. They should not lose out due to situations that are not under their control.”