You must compare prestigious Institutes like TIFR or IISc Bangalore, with likes of cheap Engineering Colleges around India, arranging for placements after Graduation. Students of TIFR are more into research and nearly 80% of the Batch moves to Higher Research Institutions abroad for a Post Doc after PhD, followed by a successful career in research. Even of the remaining 20%, many take up Research/Academic Positions in India with IITs, CSIR, DRDO as well as IISc Bangalore and many Top Drug/Chemical/Pharma Research Divisions. TIFR is a prestigious Institute, and you shouldnt really dream of getting cheap 8-12 LPA Placements after PhD, instead you should dream of getting indulged in research, make use of the opportunities and research and training facilities available at TIFR.

For more information about TIFR do follow the link below

https://www.careers360.com/university/tata-institute-of-fundamental-research-mumbai/amp