City graduates upbeat as IT firms step up hiring

Engineering graduates in the city seem to be in an upbeat mood thanks to the resurgence of hiring by information technology companies.

Youngsters have now started receiving call letters from companies after a long gap in recruitments sparked off by the impact of the global financial meltdown.

According to industry estimates, a revival in hiring occurred following the double-digit growth projection for the Indian IT industry in the next financial year.

Suresh Ramachandran, who had no option but to work for a start-up company in Kochi, is elated, as he has received the call letter from a leading IT company at Technopark in Thiruvananthapuram to join by the end of this month.

For Simi Paul, the New Year seems to have started on a positive note. After working in a start-up at Infopark here for more than eight months, she is all ready to join a better company at Technopark next week. Even though companies have started recruiting students, the entry-level salary packages have gone down by at least Rs. 5,000 compared to the offers made before the recession.