By the way I think you guys were right about the salary expectations. It would be quiet lower compared to the industry. I have no inside information, I just assumed it When I asked the HR Manager at Lunch about the salary range for MTO Program, he, kind of ignored the question and started talking about going for a job which is good for the career and not for the higher salary. In other words he was trying to say don't expect much.
Btw it does make sense too, TCS not a multinational, but a national company who is hiring 50 MTOs. If you set 40k salary then for 50 candidates per year expense would come out to be around 2.4 Crores. I don't think they would wana incur such costs just for training 50 candidates.
In addition to that companies have to make Insurance premium payments on behalf of their employees and contribute in the provident fund. That's why i think salary range would be around 20k-25k