We have got mixed reactions on this front.
Though the subjects etc being taught at the institute seems to be doing their basic justics, we heard the placements cell is not so great.. so, it heavily depends upon the market / economy and if you are willing to get a job on your own / if you are not too enthu abt job part.. then may be its a decent college..
kindly let us have what other options you have in your mind.. so that we can help you with a better choice..
more details are at: http://en.wikipedia.org/wiki/Nitte_Meenakshi_Institute_of_Technology
or college website: http://www.nmit.ac.in/