Hello,
Yes you can get a good package job under ece branch. Many companies offer about 8-12 lac/ annum package. You can also go for the off campus placement of different MNCs, they conduct exams and interview rounds. You keep in mind to get a good GPA in exam and must have a good knowledge about ece field's . Go for preparing projects it will help you get a job more easily and to attract the employers .
If you are going for Ms then it will a good option for the teaching or professor line. It will be a very saturated job carrer as compare to working in a corporate sector. You can also get higher package job after doing Ms, but the best option after Ms is to get a professor carrer..
All the best
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