Arun, 

MS Ramaiah is a well-known institution (especially in Karnataka) that boasts of having a high average package of 7.6 LPA. Many companies come to recruit students from the college for this reason. The placements are generally above the country average for sure. However, a great company would only hire you if you manage to stand out from the batch and impress them. A high package placement definitely depends on your individual skills, professionalism in personality and networking abilities because a university may help you reach the company, but getting an offer depends on your capabilities..

The lowest package at most of the colleges is 4 lacs so the lowest package at MS ramiah should also be like 3.5-4 lac per annum. 

The placement percentage is 95 nad Average Package is 7.7 lacs per annum. 

For more details use the link

http://www.msrit.edu/placement.html

Hope it helps