How are Shri Mata Vaishno Devi University, Katra, Jammu Kashmir in terms of placements?

I have a few friends who recently graduated from Shri Mata Vaishno Devi University, Katra. According to them, the placement opportunities offered at the institute are decent. The package offered is not too high, but you can expect good job opportunities in reputed companies like L&T, Infotech, Bosch, etc. 

In the recent placement drive, around 60% of students got placed with an average salary of 7 LPA. The placement opportunities at the institute are also increasing over the years.