Mercedes Benz and BMW offers 50 students from Gujarat Technological University work package of Rs 27 lacs per annum

Mercedes Benz and BMW offers 50 students from Gujarat Technological University work package of Rs 27 lacs per annum

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Engineering students and their dandiya-wielding parents will be pleased to hear this. For the first time, 50 BE engineering students of colleges affiliated to the Gujarat Technological University (GTU) have bagged annual packages of Rs 27 lakhs and above from companies like BMW, Mercedes Benz, Airbus, Bosch and Voith.

Last week HR firm Die-PA GMBH along with company officials had interviewed 130 students with the highest CPI (Cumulative Performance Index) in GTU. According to Vice Chancellor of GTU, Dr Akshai Aggarwal, company officials from BMW, Mercedes Benz and others have selected 50 students. These companies will be sending students their offer letters soon.

The VC also added that students have been offered an annual package of 41,000 Euros, with 33,000Euros as their take-home salary. As per terms of the package the selected candidates will be provided free 8-week training. Accommodation will be provided to candidates once they join the company after training. Also, one-time travel costs in two years to India will be borne by companies.

Most of the students selected are from a rural background as they come from small villages of Gujarat. Dr Aggarwal added, “As per the bifurcation of the package, the students will get around 33,000 Euros as take- home salary. The companies will provide free training for eight weeks, accommodation once the students join the company after training, travel cost to India once during two years. According to company officials, these would cost the company around $8,000 dollar or Rs 5 lakh per annum. All we emphasized was on highest CPI and not any other aspect. There were students from rural areas as well.  Students have the opportunity to work overseas in reputed companies. I agree that the varsity has hundred problems staring at us. But I am sure that we will overcome all of them with strong efforts like this.” The students should be in Germany by August this year for their training.