IIT Bhubaneshwar has come into existence recently and it is a new and young institute. It needs to develop more to grow and attain the reputation like other well stable institutes. It has to improve in terms of infrastructure, faculty, and opportunities.
A few points on IIT Kharagpur before taking a decision:
Compared with Industrial System Engineering at IIT Kharagpur, EE at IIT Bhubaneshwar would be a better option as the academics and job opportunities are better. You will receive great placement offers in IIT Bhubaneshwar also.
It ends up at the branch you are interested in and then the institute. Both these branches are like North and south.