Mechatronics Engineering

Go for mechatronics, if-
You want to study and explore multi-domain engineering fields such as mechanical, electrical, electronics, controls, computer science, etc. You have got it as B.Tech in a very good college. If the college is having good placements. You don't have plans to study other specializations in your Masters apart from mechatronics (as there will be very few options left if your B.Tech in Mechatronics). Go for mechanical, if-
Your not sure where you'll end up with which mechanical field. You want to study many things related to mechanical engineering. You like to and have interest in machines and automobiles. You want to do your Masters in future. Having B.Tech in mechanical opens many options for specialisation (including mechatronics). You want to get into placements of core mechanical companies or wants to gives exams such as GATE/ESE/ISRO/DRDO/IOCL, state technical exams etc. This is bit hard if you opt for B.Tech Mechatronics, as most of the time criteria is of mechanical only.