Tiruchirapalli: A U.S.-based company has hired a NIT-Tiruchirappalli Computer Science and Engineering Graduate at an annual package of $1.25 lakh (about 70 lakh), a senior faculty of NIT-T has said.

"There has been a significant increase in annual average salary in campus placement at NIT Trichy. The average package for UG candidates is 6.25 lakh as against 5.5 lakh last year. NIT-T clinched 100 percent placement for UG candidates. It was over 80 percent for PG candidates. About 20 percent of the PG candidates had gone for research and higher studies abroad," A K Bhakthavatsalam, Dean, Placement and Training told reporters here last night.

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Last year, a UG candidate was offered $1.08 lakh. For three consecutive years, NIT- T students have been bagging the highest annual pay packages in the country, he claimed.

Over 240 Corporates, consisting of PSUs, MNCs, IT, Manufacturing, Banking and Consultancy numbering had visited the institute for the placement exercise.

NIT-T Director Srinivasan Sundararajan said the institute was in the process of recruiting over 100 faculty members.

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