Institute of Chemical Technology - [ICT] Mumbai Placement 2026 Placements

Top recruiters visiting ICT Mumbai include Reliance Industries, Indian Oil, BPCL, ONGC, ISRO, BARC, TCS, Glenmark, Amul, HP, Asian Paints, and Dr. Reddy's Laboratories. The institute also saw participation from consulting and FMCG companies, expanding the diversity of opportunities. New companies added recently include global chemical and pharma firms, reflecting ICT’s growing industry connections.

Students are offered roles such as Graduate Engineer Trainee, R&D Scientist, Process Engineer, and Management Trainee across sectors like core chemical industries, pharmaceuticals, FMCG, and consulting. Placements are primarily concentrated in Mumbai and other industrial hubs in India, with some international offers in research and development. The placement process includes mandatory internships, which help students gain practical exposure and improve employability.

Highlights

Top recruiters visiting ICT Mumbai include Reliance Industries, Indian Oil, BPCL, ONGC, ISRO, BARC, TCS, Glenmark, Amul, HP, Asian Paints, and Dr. Reddy's Laboratories. The institute also saw participation from consulting and FMCG companies, expanding the diversity of opportunities. New companies added recently include global chemical and pharma firms, reflecting ICT’s growing industry connections.

Students are offered roles such as Graduate Engineer Trainee, R&D Scientist, Process Engineer, and Management Trainee across sectors like core chemical industries, pharmaceuticals, FMCG, and consulting. Placements are primarily concentrated in Mumbai and other industrial hubs in India, with some international offers in research and development. The placement process includes mandatory internships, which help students gain practical exposure and improve employability.

Year-wise Placement Trends

The Institute of Chemical Technology (ICT) Mumbai has shown a steady and strong placement performance from 2021 to 2024, with consistently high median and average salary packages, especially for chemical engineering and M.Tech students. The placement percentage has generally been robust, with top recruiters from core chemical, energy, and technology sectors. The highest packages have seen a gradual increase, reflecting growing industry demand and ICT's reputation.

Key Observations

• There is a clear upward trend in median and highest salary packages from 2021 to 2024, with the highest package reaching ₹9 LPA for M.Tech and UG students in recent years.
• Placement percentages have improved over the years, especially for M.Tech students, rising from around 50-63% in 2021 to approximately 90% overall in 2024-25.
• Top recruiters consistently include major chemical, energy, and technology companies such as Reliance, ONGC, BPCL, ISRO, and Tata Chemicals, indicating strong industry ties.
• The institute emphasizes internships and industrial training, which supports strong placement outcomes and industry readiness.

Salary Statistics 2025

The Institute of Chemical Technology (ICT) Mumbai has shown consistent salary growth in its 2024-25 placements, particularly for chemical engineering and allied programs. The average domestic package ranges between ₹9 LPA to ₹10 LPA, with the highest packages reaching up to ₹30 LPA. The median salary for undergraduate students is around ₹8-9 LPA, reflecting strong demand from core chemical, pharma, and FMCG sectors.

Package Summary

CTC Distribution

Sector-wise Average CTC

Top Recruiters 2025

The top recruiters at Institute of Chemical Technology (ICT) Mumbai for the 2024-25 placements primarily come from core chemical, pharmaceutical, oil & gas, and manufacturing sectors. Leading companies like ExxonMobil, BPCL, Reliance, Honeywell, Indian Oil, ONGC, Glenmark, and Asian Paints actively recruited, offering roles in process engineering, research, production, and management. The placement drive saw strong participation with a focus on specialized chemical technology roles, reflecting ICT's industry-aligned curriculum.

Recruiter Statistics

Consulting

Deloitte, EY-Parthenon

Banking & Financial Services (BFSI)

None reported for 2024-25 placements

IT & Analytics

TCS, HP, Infosys

FMCG & Retail

Amul, Asian Paints

Conglomerates & Others

Reliance, Tata Chemicals, L&T, Aditya Birla Group, BPCL, ONGC, Honeywell

Top Offer Makers

Sector-wise Placement Distribution

The MBA batch of 2024-25 at Institute of Chemical Technology (ICT) Mumbai saw a diverse sectoral placement mix, with strong representation from Consulting, BFSI, IT/Tech, and FMCG sectors. The average packages varied across sectors, reflecting the specialized industry demand and the institute's strong industry connections, especially in chemical and allied industries.

Sector Trends

• IT/Tech sector led placements in volume, reflecting growing demand for tech-savvy MBA graduates even in a chemical technology-focused institute.
• Consulting roles offered the highest average packages, indicating preference for strategic and analytical skills among recruiters.
• BFSI sector showed steady recruitment, emphasizing financial services as a key career path for ICT MBA graduates.
• FMCG companies continued to recruit actively, leveraging ICT’s strong brand in chemical and allied industries for product management and marketing roles.

Role-wise Placement

The MBA batch of 2024-25 at Institute of Chemical Technology (ICT) Mumbai saw a diverse distribution of roles across key business functions. The majority of placements were concentrated in Sales & Marketing, Operations, IT/Analytics, and Consulting & BFSI sectors, reflecting the varied industry demand and student interests. The average compensation across roles was moderate, consistent with ICT's specialized focus and industry connections.

By Function

Top Roles Offered

Summer Internship & PPO

The Institute of Chemical Technology (ICT) Mumbai offers a 6-week summer internship program primarily for chemical engineering students, providing hands-on industrial exposure and requiring students to publish research papers in notable journals. The internship is designed to enhance practical knowledge and industry readiness. PPO (Pre-Placement Offer) data for the MBA batch is not yet officially released for 2024-25.

Summer Internship Statistics

PPO Statistics

Top Internship Recruiters

Top recruiters at ICT Mumbai include DRDO, BARC, Indian Oil, Asian Paints, Reliance, Patanjali, and ISRO, among others. These companies participate actively in internships and placements, especially in chemical and allied sectors.

Placement Process

The placement process at Institute of Chemical Technology (ICT) Mumbai typically begins in the 7th semester, involving mandatory internships and industrial training to prepare students for recruitment. The Central Placement Cell coordinates with companies to conduct pre-placement talks, followed by multiple rounds of selection including tests and interviews. The process aims to provide 100% placement for eligible students, especially in chemical engineering and related disciplines.

Placement Calendar

Selection Process

1. Resume Shortlisting: Companies shortlist candidates based on academic performance and resumes.
2. Online Test: Many recruiters conduct aptitude, technical, or domain-specific online tests.
3. Interview Rounds: Selected candidates undergo one or more rounds of technical and HR interviews.

Placement Policies

• Dream Offer Policy: Students securing a "dream offer" (high package) may be exempt from further placement rounds, allowing others more opportunities.
• Eligibility: Students must have cleared all subjects and performed well in mock group discussions and interviews conducted by the institute before placement.

Institute of Chemical Technology - [ICT] Mumbai vs Competitors

ICT Mumbai is a premier institute specializing in chemical technology and pharmacy, known for its strong research and industry connections. For a balanced comparison, it is appropriate to compare ICT with other top-tier specialized technology and pharmacy institutes with similar NIRF rankings and placement profiles, such as the National Institute of Pharmaceutical Education and Research (NIPER) Mohali and Indian Institute of Technology (IIT) Guwahati, which also have strong engineering and pharmaceutical programs.

Placement Comparison 2025

Key Differences

• Institute of Chemical Technology - [ICT] Mumbai: Strong niche focus on chemical technology and pharmacy with consistent top 10 NIRF pharmacy ranking; moderate fees with good placement percentage and average CTC around ₹8 LPA.
• National Institute of Pharmaceutical Education and Research (NIPER) Mohali: Specialized in pharmaceutical education with slightly higher highest CTC and pharmacy ranking but lower placement percentage and higher fees compared to ICT.
• Indian Institute of Technology (IIT) Guwahati: Broader engineering focus with significantly higher highest and average CTC, higher placement percentage, and lower fees, resulting in a much higher ROI.

Verdict

ICT Mumbai is ideal for students seeking specialized education in chemical technology and pharmacy with strong industry connections and good placements. NIPER Mohali suits those focused exclusively on pharmaceutical research and education. IIT Guwahati offers a broader engineering education with higher salary prospects and ROI, making it suitable for students aiming for diverse engineering roles and higher pay packages.

ROI Analysis

The Institute of Chemical Technology (ICT) Mumbai offers a highly valuable education in chemical technology and related fields at a relatively affordable cost compared to the high average salary packages its graduates receive. With strong industry connections and a reputed placement record, the return on investment is substantial for students pursuing B.Tech or related programs.

Cost Breakdown

Returns

Worth It?

Given the total investment of under ₹5 lakh for a 4-year B.Tech program including hostel and mess, and an average starting salary of around ₹9.5 LPA, the payback period is less than one year, making ICT Mumbai an excellent investment. The institute’s strong placement record, scholarships, and industry reputation justify the cost, especially for students aiming for careers in chemical engineering, pharmaceuticals, and allied sectors.

Placement Cell

The Institute of Chemical Technology (ICT) Mumbai has a dedicated Central Placement Cell that facilitates campus recruitment and internship opportunities for its students. The cell supports students with training and preparation activities such as mock interviews and industrial training to enhance their employability. ICT maintains a strong placement record with a placement rate between 90% to 100%, attracting top recruiters from various industries.

Contact Details

Placement Support

• Mock Interviews
• Resume Building
• Aptitude Training

Alumni Network

The Institute of Chemical Technology (ICT) Mumbai has a strong and influential alumni network with a global presence. Its alumni include successful entrepreneurs, industry leaders, and distinguished academics, contributing significantly to chemical engineering, pharmaceuticals, and related fields worldwide. The network actively engages with current students through mentorship and alumni meets, fostering professional growth and collaboration.

Alumni Statistics

Notable Alumni

Alumni Engagement

• Mentorship Programs: Alumni actively mentor current students, providing career guidance, resume reviews, and interview preparation.
• Guest Lectures: Alumni frequently deliver guest lectures and participate in workshops to share industry insights and research advancements.

Placement Reports

Official Placement Page: https://www.ictmumbai.edu.in/

Placement FAQs

What is the average package at Institute of Chemical Technology - [ICT] Mumbai?

The average package at ICT Mumbai varies by program, with around ₹10 LPA for undergraduate students and ₹12 LPA for postgraduate students in 2025. Earlier reports show averages between ₹6 LPA to ₹9 LPA depending on the batch and course.

Which companies offer top packages?

Top recruiters offering high packages include ExxonMobil (highest package ₹60 LPA), Reliance, BPCL, ONGC, Honeywell, Infosys, ISRO, BARC, TCS, Glenmark, Amul, and Asian Paints.

What is the placement rate?

ICT Mumbai maintains a strong placement rate, typically between 90% to 100%, with 95% participation reported in 2025 placement drives.

Which sector pays the highest at ICT Mumbai?

The chemical engineering and process engineering sectors, especially roles in multinational oil and chemical companies like ExxonMobil, offer the highest pay packages, reaching up to ₹60 LPA.

Are consulting roles available for ICT Mumbai graduates?

Consulting roles are limited but available, mostly in technical and chemical industry consulting firms. The majority of placements focus on core chemical, pharmaceutical, and process engineering sectors.

What about international placements at ICT Mumbai?

International placements are rare but possible, with some students securing internships or projects abroad, such as in Canada and Singapore, through industry tie-ups and research collaborations.

How do marketing and finance placements compare at ICT Mumbai?

Marketing and finance roles are less common compared to core chemical and engineering roles. Most placements are technical, but some students do get opportunities in marketing and finance, usually with companies like Ernst & Young and Reliance.

How important is the summer internship at ICT Mumbai?

Summer internships are mandatory and crucial for gaining industrial exposure. They typically last 6 weeks and help students build practical skills and improve placement prospects.

What is the average and highest stipend for summer internships?

Internship stipends vary widely, ranging from ₹7,000 to ₹40,000 per month, with some exceptional internships offering up to ₹1 lakh per month.

What is the PPO (Pre-Placement Offer) conversion rate at ICT Mumbai?

PPO conversion rates are healthy, with many students converting their summer internships into full-time job offers, especially in core chemical and pharmaceutical companies.