IIT Guwahati Hosts Entrepreneurship Pre-Consultation Event to Boost Northeast's Startup Ecosystem

IIT Guwahati Hosts Entrepreneurship Pre-Consultation Event to Boost Northeast's Startup Ecosystem

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Sanjana
Sanjana Surbhi
Assistant Manager
New Delhi, Updated on Feb 6, 2025 18:00 IST

IIT Guwahati hosted an Entrepreneurship Pre-Consultation Event aimed at strengthening the startup ecosystem in the Northeast region.

IIT Guwahati Hosts Entrepreneurship Pre-Consultation Event to Boost Northeast's Startup Ecosystem

IIT Guwahati Hosts Entrepreneurship Pre-Consultation Event to Boost Northeast's Startup Ecosystem

The Indian Institute of Technology Guwahati's BioNEST, in partnership with the BRICS Youth Council, the Ministry of Youth Affairs and Sports (Government of India), and the Global Counter-Terrorism Council, will host a Pre-Consultation Event on Entrepreneurship on February 7, 2025. Kausar Jamil Hilaly, IAS, Secretary of the Department of Sports and Youth Welfare, Government of Assam, will be the Chief Guest for the event.

Themed "Empowering Northeast India – Youth Innovations for Sustainable Growth and National Connectivity," the event offers a platform for young entrepreneurs, innovators, and students from the region to gain valuable insights from industry leaders, successful entrepreneurs, and innovation experts based in Northeast India.

Emphasising the critical role of entrepreneurship in emerging economies, Prof. Devendra Jalihal, Director, IIT Guwahati, said, “Entrepreneurs and startups have the potential to contribute nearly 30% to the GDP of emerging economies. In BRICS nations, entrepreneurship drives job creation, innovation, and economic growth. With a vast young workforce, fostering entrepreneurship can help address youth unemployment and boost global competitiveness. Northeast India, with a significant population aged 18-29, must unlock its entrepreneurial potential for rapid development and prosperity.”

A highlight of the event will be a grand startup exhibition, curated by IIT Guwahati-BioNEST, where over 80 startups will showcase their innovative ideas to participants. This exhibition will also offer a unique opportunity for young entrepreneurs to connect with mentors, investors, and industry experts. In addition, the event will feature engaging sessions led by distinguished speakers from various fields.

Sagar Daryani, Co-founder and CEO of Wow! Momo will deliver a keynote address, sharing his insights and journey in the startup ecosystem. Furthermore, Maj Gen (Retd) Rajesh K Jha, AVSM, Director (Personnel) at NEEPCO, will conduct a masterclass on life skills and building self-confidence for entrepreneurial success.

Speaking about the significance of the event, Dr. Swapnil Sinha, CEO, IIT Guwahati-BioNEST said, “This event is designed to empower youth with insights and connections, and inspire them to drive meaningful change for the region’s entrepreneurial growth. We invite the young minds of Northeast India to seize this unique opportunity to become part of this transformative initiative.”

Q:   How is the placement scenario at IIT Madras for MTech?

A:

The IIT Madras the highest package offered to M.Tech students during 2023 placements was INR 54.21 LPA. As per the reports, 32 PPOs were also attracted. The important details related to IIT Madras M.Tech placements are depicted below:

Particulars MTech Placement Statistics (2023)
the highest package INR 54.21 LPA
Median package INR 15 LPA
the lowest package INR 6 LPA

PPOs received

32

Offers above INR 30 LPA

 43

Offers between INR 25 LPA - INR 30 LPA

16

Offers between INR 20 LPA - INR 25 LPA

 24

Offers between INR 15 LPA - INR 20 LPA

67

Offers between INR 10 LPA - INR 15 LPA

53

Offers between INR 5 LPA - INR 10 LPA

62

Q:   Who are the top recruiters for MTech in Biomedical Engineering at IIT Madras?

A:

Some of the prominent recruiters that were part of IIT Madras placements 2022 are Ernst & Young India Pvt. Ltd., Axis Bank, HCL Technologies, Honeywell, ICICI Bank, JPMorgan Chase & Co., McKinsey and Company, Wells Fargo, Wipro, Bajaj Auto Limited, L&T Infotech, American Express, Flipkart Internet Pvt. Ltd., VMock India Pvt. Ltd., and TATA Consultancy Services Limited. According to media reports, 1,722 students registered for the 2023 placement process. At the end of session 1.1, a total of 445 offers were made. Among these, 25 offers were of packages above INR 1 crore per annum. Further, 15 international offers were received from four companies. A total of 331 companies registered for phase I of IIT Madras placements in 2023. The institute recorded the highest-ever pre-placement offers of 407.

Q:   How were IIT Madras internships?

A:

The important highlights related to IIT Madras internships for the batch 2022-23 are mentioned below:

Particulars

Statistics (Batch 2022-23)

the highest stipend

INR 12 Lacs per month

the lowest stipend

INR 7,500 per month

Offers made

778

Total recruiters

140+

Students received PPOs

231

Popular recruiters

Adobe, American Express, Google

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Sanjana Surbhi
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Sanjana Surbhi has over five years of experience in the online education sector. Drawing from her tenure with ed-tech companies, she infuses her work with a wealth of knowledge from the education realm, lending an i... Read Full Bio

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