Dear Dude,
Its good to hear some positive thoughts from someone about IIIT-A. Yes the Institute is new, no doubt and it would take time to grow. I somehow don't support the idea of a drastic improvement in 3 yrs or so. Placements ?? Aaah ....even these days an institute like Bapu Banarsi das can manage some companies (and certainly all these mid level companies which you mentioned in your post).
The questions remain:
1) Even though you have removed the faculty link from your
website can you actually remove this
junk and replace them with Phd's from Harward,Kellog and Sloan (or even in the worst case any single faculty from our own IIM's), something like ISB,IIMs have. I don't see in near future any improvement in faculty,not unless it is mis-managed by a moron like Murli Manahor Joshi(Well now you have also got one more extension/appendage at Amethi (sans Proffs).)
2) Could you please substantiate your following quotes with a little data:
"
Some(may be two) faculty have been into teaching MBA for last 8 years and have big contacts in Industries.
Facilties provided and the Infra is far better than top Colleges in India(Agreed)."
Here is your faculty link :
faculty Can you name those two with there qualifications.I am sorry I could only find Allahabad university products out there.Did anyone from Harvard join recently

Facilities provided ?? you only discounted the laptops and agreed with shared lab with your juniors hmmmm!! Anything further. I have been to your hostels ...don't mention them here. Can you name those top colleges in India with whom you are comparing yourself?
Ok let me begin :
1) Babu Banarsi Das Institute of Management (Well take my word they have top notch facility,they just charge a few lakhs

)
2) Pulla Reddy Institute of management.....bla bla bla ... Certainly I guess you did not mean IIMs and ISB ??
Well but then problems are but problems, and they are always associated with any new coming up institute,but the issue is how you are planning to tacle them and here there does not seem to be any attempt in that direction. I am elated to find amongst this a more positive looking student like you

Certainly they have some good students. But unless they change thier approach can they really prosper?? I mean when IIIT-B and IIIT-H began they were new, but they had the top most faculty across the world. Now you can look at their state of affairs (I don't only mean placements) and compare them with IIIT-A which is mired with politics (else how do you explain your Amethi appendage when you dont have faculty even at IIIT-A). Well thats why I feel a little disheatened by IIIT-A. Future of IIIT-A ??? You can judge it for yourself.