An Economic Times report published on Monday, Sep 4 quotes training and placement officers (TPOs) at engineering colleges as saying that the 2009-10 could be the worse than 2008-09 campus placements.
"Normally, 75 to 80 per cent of the placements used to take place by mid-August . However, this year I will be happy if I am able to place even 10 to 15 per cent of our students by December," dean of Sinhagad Institute, JN Pitambare of Sinhgad Institute which runs five engineering colleges said.
The TPO, DY Patil College of Engineering near Pune too said that there were at least 150 students placed by this time last year, and this year not even a single student has been placed.
While IT and software companies finish recruitment by mid-August, core sector companies used to start campus placement from August.
However, this year the companies are telling the colleges that the placement requirements are not yet to be determined as the companies are still unsure about the projects they will be able to secure.