Hi Vinay,
Mtech placement at IITI is in very bad shape and its not only the institute liable for such a poor condition. Nowadays, students leverage Mtech in IIT’s for stipend and that they will have enough time to prepare for their competitive exams. Only a few have their focus on their course or research and evidently, those few get placed and have the opportunities to do research from prestigious foreign universities on Professor’s recommendation.
So concluding I would say that maybe the placements are not so good for M.Tech but if you are focused, you can archive much there.
For more information on placements visit http://placement.iiti.ac.in/
I hope it helps.
All the best.
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