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IITs, IIMs, NITs Expand from 59 to 76 Since 2014; Enrolment, Placements, and Salaries Rise
IITs, IIMs, and NITs in India have expanded from 59 to 76 institutions since 2014, with rising enrolment and placements, according to SBI Research.
Confidence: 95%Sentiment: PositiveHigh Priority
What Happened?
IITs, IIMs, and NITs in India have expanded from 59 to 76 institutions since 2014, with rising enrolment and placements, according to SBI Research.
AI Quick Summary
IITs, IIMs, and NITs in India have expanded significantly, with increased enrolment and placements, according to SBI Research.
Key points
- The number of IITs, IIMs, and NITs increased from 59 in FY2014 to 76 in FY2026.
- IIT enrolment rose from 1.62 lakh in 2017-18 to 2.44 lakh in 2023-24.
- Women's participation in IIMs increased from 26.3% to 37.7% from 2017-18 to 2023-24.
- IIM placements rose from 7,552 in 2015-16 to 13,693 in 2023-24.
- Median salaries at IIMs increased from ₹28.5 lakh in 2015-16 to ₹43.6 lakh in 2023-24.
Key insights
- The increase in institutions may lead to a more skilled workforce in India.
- Higher enrolment rates could improve gender diversity in technical and management fields.
- Rising salaries may attract more students to pursue higher education in these institutions.
Why it matters
The expansion of IITs, IIMs, and NITs could enhance educational opportunities and job prospects for students in India.
Entities
IIT· OrganizationIIM· OrganizationNIT· OrganizationIndia· CountrySBI· Organization
Source
Times Now
