Melbourne Institute of Technology

Hi Krish, MIT scholarships are based on financial need and not merit based. You will be automatically be considered for scholarship at the time of admission however you need to fill the financial aid form. Please go through this section for details
https://sfs.mit.edu/undergraduate-financial-aid/types-of-aid/mit-scholarships

MIT-Pune is more popular according to me, so based on it, you should take admission in MIT-Pune.

Did you take GATE?

Hi,
The placements Madras Institute of technology, Chennai is really good. The companies like Microsoft, Google, Accenture, etc. Co.E for recruitment.
The average salary packages range from 4-6 lakhs per annum. The highest package is around 20 lakhs per annum.
Since many core companies come for placement, you should be skilled enough to get placed but they would provide the placement training so that there is no problem.
The alumni network also recommends students from MIT.