Bangalore: As the world economy is recovery from the financial crisis, the placement season commence at IIT campuses with leading corporate giants as well as public sector establishments queuing up the campuses with generous offers and hefty pay packages to nab the best talents from India's premier technology schools. This renewed recruitment season has top salaries ranging between 40 percent and 172 percent and average salaries going up between 15 percent and 30 percent over last year. The search for leaders, innovators and brilliant researchers lead the industry leaders to the IIT campuses. The beginning of the recruitment season saw companies ranging from in finance, banking, analytics, engineering, oil companies and start-ups lining up looking for talents. Apart from the private firms, many public sector companies such as ISRO, HAL, IAF and Indian Navy have shown their interest in IITians acknowledging the rich skill set of the students. The students also have shown interest in taking up jobs with the government undertakings as they think the Sixth Pay Commission offers a reasonable salary. Last year the PSUs offered 32 jobs and 31 of them have joined them. In the very first week of placement, nearly 250 students were recruited from Indian Institute of Technology-Madras (IIT-M) by over 50 companies including MNCs, PSUs and start-ups. Transocean, the world's largest offshore drilling contractor, has selected two students from IIT-M on the first day of its placement with a package of 28 lakh per annum. IIT-Kharagpur has received its record job offer from Facebook offering 70 lakh to one of its student. Some students in the campus indicated that including the ESOPs, the entire offer would translate to about Rs 1.7 crore. IIT Kharagpur reported more than 220 job offers in the last one week. Tower Research is learned to have offered jobs to six students at IIT-B where many other financial institutions like Goldman Sachs, Bank of American, Deutsche Bank, Citibank and Capital One have plans of recruitment. IIT-B had around 350 offers in the first five days which is almost twice that of last year. More than 100 offers have approached IIT Guwahati during the first few days of recruitment from 25 companies, which is an increase of more than 50 percent over last year. Students at IIT Roorkee have received more than 170 offers so far with 260 recruiters signing up already. The average pay package offered is said to be 30 percent higher than the previous year. Global business firms from all kinds such as electronic major Sony, oil field services company Schlumberger, miner Rio Tinto, consumer goods firm P&G, marine transporter Tanker Pacific and most of the Indian as well as foreign tech companies have approached the IIT campuses. The number of foreign postings this year is much more than the previous year. Regular recruiters such as Shell, Morgan Stanley, McKinsey, ONGC, SAIL, and ITC have shown their presence in the campuses this year too. The current placement season will continue until April or May. The recruitment spree is expected to heat up in the coming days and more and more global players will reach the IIT campuses with hefty packages to get the best ones in their camp.