Here are some pros of joining IIT Jodhpur-

1. It offers higher packages and more exposure than MNIT.
2. It carries the ‘IIT’ tag which will help you for your higher studies/career. 
3. An IIT offers you much more freedom to explore your interests and passions. You may end up in a non-engineering field post graduation and do wonders at it. 
4. You’ll thoroughly enjoy your four years at IIT Jodhpur with all the freedom and exposure given to you.
5. The IIT Jodhpur campus is spread across 852 acres. You’ll get a single AC hostel room.
6. Like every other college, you’ll get to choose from numerous societies and clubs like photography, quiz club, astronomy, programming, etc. 

For placements, campus life, and exposure, IIT Jodhpur is a better choice than MNIT Jaipur. But you also need to consider the branch that you are getting at each of them. 

In terms of a greater reputation and recognition across the nation, NIT Warangal is a winner. However, there are certain points about IIT jodhpur that you should consider-

1. IIT Jodhpur has had its own permanent campus for a few years now. It has newly built infrastructure, A/C rooms, sports facilities, and other amenities.
2. Since the labs are newly built, they are among the best and second best in the country with the latest technology and new instruments.
3. There is a well established student society and a strong extracurricular base.
4. The alumni are studying in Ivy League colleges like Harvard, Purdue, etc. and many are working in highly reputed MNCs like McKinsey, Google, Amazon etc.
5. Campus placements are quite promising with offers from top companies like Amazon, Microsoft, and Google, Morgan Stanley, Arcesium, Works Applications etc. Electrical and Mechanical students receive high packages from ISRO and PSUs like BPCL etc.
6. IIT Jodhpur students ace exams like GATE, UPSC, CAT, GRE, etc. The students also bring honor to the institution in Gsoc, ACM-ICPC etc. 
7. The newly designed curriculum is well-integrated with yearly industrial practice, which you get to opt into from the first year.
8. The faculty is well-learned and the professors are themselves alumni of prestigious national and international universities. They have publications in reputed conferences and encourage the students to indulge in research and get published in the second or third year.

Thus, IIT Jodhpur is as good an institution as NIT Warangal and even surpasses the latter in certain respects. I would thus suggest you to go for IIT Jodhpur.

I would like to compare the top NITs with new IITs like IIT Jodhpur on several parameters, first talking about the placements as that is your biggest concern. By new IITs here I mean IIT Jodhpur and its contemporary IITs.

• Placements- Initially, the top NITs were a lot better in terms of placements. However, new IITs have shown tremendous growth and their placements have come at par with the top NITs. For 2023 B.Tech placements, the highest package offered at IIT Jodhpur stood at INR 53 LPA, the average package stood at INR 21.30 LPA and the median package stood at INR 16.50 LPA.

• Campus Life- Both the top NITs and new IITs like IIT Jodhpur have a great campus life. Now that the new IITs have their own permanent campuses, they offer their students all the facilities.

• Brand Value- Surely the new IITs do not carry as great a reputation as the old established IITs. However, the new IITs offer you the IIT tag which has a great reputation both inside and outside India.

• Branch Choice- It is always better to choose the branch that you will enjoy studying. If you get a good branch at an NIT/new IIT, choose that instead of a mediocre branch at an old IIT. This opinion, however, is highly subjective. Some of my friends believe quite the opposite.

• Alumni Network- The top NITs are way older than the new IITs. That is why their alumni network is way stronger.

I would say that unlike in the past, today both old NITs and new IITs are at par. You should consider all the above factors and also your locational preference before arriving at a decision. One of my seniors told me that new IITs are growing tremendously and will soon outperform the top NITs at this rate.