you should definitely go for MBA beacuse it will give you faster growth  and if you want to change your field after engineering like you dont want to go in the core field then you shoud definitely do MBA , but do MBA from top B-Schools in India then only it wil be efficient . You put the thing in your mind that you have to reach in the top 10 colleges for MBA . IF you are in the third year or forth year of engineering then start preparing for mba now onwards 

You can definiltely go for an MBA.

MBA does offer you tons of opportunities to work with greatest brands and names in the corporate world(with a great salary, of course) Also, the contacts and skills that you acquire help you a lot in case you want to start something of your own.

All the best!!!