hey slp.. it would have been more clearer if u mentioned the specialization ..but anyways you can always find many interesting mini projects in MNCs in Hyderabad... You will need to check out the website http://www.indiaeducareer.com/index.php which i found very interesting and helpful when i needed advise... goodluck!!!
Some of the projects that you can come up with include a web based Java application, or a management application system. However, this would work if you are proficient in programming. You can ask further advice from fellow students.