Hello Kapil,

IIT Bombay is one of the top colleges in India for Engineering. Placement records of IIT Bombay are also good. Top recruiting companies include IBM, Microsoft, Tata Steel, EC Japan, etc.
Internships are also offered to students. According to the placement statistics, 164 internships were offered in Mechanical Branch in the year 2016-17.
Refer to the link below for detailed information-

http://www.iitb.ac.in/en/placements-iitb

Hope this helps.
Good Luck!

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