Such information aren't true. Last year in SRM university Amravati campus, there was a 100% placement in CSE with 7.5LPA package. So don't worry, just keep on studying.
You may call it not as good as VIT but its definitely good in its own way.
To know more about SRM University you may visit the link below:
https://www.careers360.com/university/srm-institute-of-science-and-technology-chennai
I hope my answer helps. All the very best for your future endeavors!
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile