A few of my friends graduated from Tezpur University. Here is their insight on the placement issue.
The engineering department of the institute is relatively new. It will take some time for the institute to create its credibility and an alumni base. The brand value of any institute is a product of these two factors. So, TU will still need a few years to become recognized among the recruiter circle.
According to my friends, the university needs to be a little liberal in their internship rules too. As of now, students are not allowed to take external internships. This is a wastage of opportunity since many recruiters recruit students after the completion of their internships.