The branch is new to the university but your scope in it will be really good. It is a blend of mechanical, electronics and control, software, and computer engineering.
According to the latest trends, this will be a really good combination for the latest job requirements. As a student, you will get to learn concepts on control, design, and analysis. Basically, as a mechatronics graduate, you will be a master of many domains. This is surely a major plus point and you will be able to use these skills for research purposes.
Just ensure that you will work hard since there is a lot of wide scope for post-graduation. This is mainly true for universities abroad. The placements are good too.