I have a few friends at PEC. And based on the information I got from them, here are some of the facts about the internship program work at the PES University.

• Some of the foreign institutions such as Carnegie Mellon University, NTU (Singapore), and some others do take a few of the students from the sixth semester for Summer internship programs. But the students have to pay quite a big amount to avail these internships in these institutions.
• It is important to note that these internships mainly offer subjects from CS such as Machine Learning and AI. These internship opportunities are limited to students from the CS department only and those few students from other branches who have an interest in programming.
• However, some Multinational companies such as Microsoft, Goldman Sachs (Software and Business analyst profiles), GE Digital, NASDAQ, Cisco (Software, Hardware, Business analyst and project analyst profiles), Kirloskar, Toyota, TVS visit the campus for hiring students for a summer internship from CS, EC, and mechanical department. Sometimes, these summer internships are also converted into pre-placement offers according to performance.

In the 8th semester, the internship companies visit the campus for placement drive and offer internships as well as a Full-time placement offer. Overall, the placement is good and if the performance of the student is good, they can land in a good place.

Saveetha University has other schools. It has two engineering colleges, a medical college, dental college, management school, etc.

• Saveetha Engineering College is affiliated with Anna University. The college has a good infrastructure. The faculty team is very understanding, the atmosphere is strict and the college has good transport facilities in and around campus. 
• Whereas Saveeta School of Engineering is a private college affiliated with Saveeta University. You will find a lot of Andra students on campus. The college is strict and has good facilities like classes with smart boards, wifi, etc. 

Here’s a brief overview of the two institutes.

Multinational companies like Wipro, IBM, Capgemini, Accenture, Zoho, Amazon, Hyundai, Igate, HCL, Dell, Shri Ram Group, Virtusa, etc visit the campuses for placement drive. 

As Saveetha Engineering college is affiliated with Anna University, it is a good option and the degree has more value.

Honestly, IIIT Hyderabad does not receive the hype it deserves and does not highly regard in Silicon Valley either. No donut, it has many big recruiters but given its top-notch faculty and education, it should have a much better reputation than it has today. I personally feel that this stems from a few flaws of the institute. For instance,  it lacks a lot of the essential Math, EE, Design, and even several Business, Finance, and Management courses which are prominent in IITs and BITS. IIIT Hyderabad curriculum revolves around programming only and getting a lucrative package at Google MTV or Microsoft Redmond or Facebook seems to be the ultimate goal of the CS students here. People fail to realize that no matter how huge the package offered is, they are just routine Software Engineering jobs at the end of the day. Many IIT graduates give up on such offers just to pursue entrepreneurship or research.

Comparing IIIT Hyderabad with any old IIT says IIT Guwahati, you will see that although the latter has lower placement statistics, its graduates have diverse prospects like MS/PhDs from top US Universities,  MBAs from Harvard-Stanford-Wharton, unlike IIIT Hyderabad students who end up with the most monotonous jobs as Software Engineers.

In a nutshell, the reason IIIT Hyderabad has failed to gain a good reputation in silicon valley is the lack of diversity and flexibility in its curriculum and has nothing to do with the quality of its education or job opportunities.