Yes, there is good scope for chemical engineering in VIT.
first of all talking about chemical engineering. It is very good and limited specialisation that you can get. The job opportunities are good for this.
and about VIT, itis also very good university to pursue your studies. It has got very good placement and academic records. So your option of choosing chemical engineering in VIT is good.
but it is a bit expensive there at VIT but its worth !!!