Yes as per vit record in vit normally package for mass company is 3.30 lakh to 4.5 lakh company like TCS, CTS,WIPRO,Infosys and heights pkg will be around 15-20 lakh only.
According to the source VIT has more number of MNC's in its belt and they offer a salary ranging from 4 LPA and this peak goes to a massive value of 41.6 LPA and an average salary offered is 6.05 LPA ,the college is mostly recruited by the famous company called so Microsoft and there are many more companies under their sleeve. And the number of student that got placed goes to mammoth number that is 1926.
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The highest pacakge was offered by microsoft of rs 39lakh per anumm. This was for IT related branches. Now coming to average of placement, it is not as good as other think. It is very poor, it may be near to 5 lakh because maximum of students join service based IT companies for 3-4 lakh rupees. This is not the case with CSE, ECE or IT, but with all the branches. The core companies visiting there is very low compared to batch strength.
So, it is advisable not to go there except you don't have any choice and you are financially very sound. Only if you get CSE and you will work very hard, then it is justified.
Hope it helps