Dear Dinesh,
the average paskage for Aerospace engineers from IITs is generally 8 - 10  lacs and if your ar exceptionally good it may go upto 20 lacs anh there are also good  students in the range of 10 -20 lacs but also students who donot study well there alson remain unemployed ( 1 or 2) or with a package of around 6 - 7 lacs.
Thank you.
						

							
The hostels and building shown in IIST website are diifferent from actual being built. It is a congested place with no play ground. It is a rubber plantation area remote from TVM. The hostesl are like match boxes and play ground half the size of foot ball ground.
 
Please visit campus before taking admision. The campus is very remote and there is no life near tjhe campus. It is a rural college adjecent to Liquid fuel propuilsion system 22 Kms from TVM. 
 
Dont take admission wihtout visiting campus. You will be a frog in a well with no social development.
 
please visit the campus and see play ground area . It is less than half foot ball ground, which provides for 1 tennis court, 1 basket ball court and 2 shuttle ciurts. There are no track or field games  The entire builtup area is hardly 3000 sq yards. All the remaining area adjecent to it is hilly terrain with no flat land and full of rubber plantation. There is no bus directly from TVM to IIST campus. You need to change bus at Nedumangad which is 8 kms from IIST campus. Late night busses after 8 Pm are not there.