You can still apply for an internship program at IIT Bombay this summer. I have an experience of it and I can assure you that its a really good environment. You will get to learn a lot. Plus, Bombay is such an excellent place to visit :) I received an e-mail from them today. Here is what it contained:
We are pleased to present an opportunity for direct placement into SummerInternship 2012, Under the guidance of Prof. D.B Phatak, IIT Bombay
As you know, last year only 60+ students were selected from nearly 700 applicants. After seeing the quality work and enthusiams, this time we are extending our intake.We are requesting all of you to use your software skills to contribute to an ambitious initiative http://ekalavya.it.iitb.ac.in/ekalavyaHome.do to provide quality education to underprivileged students. This is the great chance for you, to get good exposure to programming challenges and enhance your skills.
Even if you are not interested or eligible in joining the summer internship,
Please forward this mail to your friends, so they can make the most of thisopportunity..
Visit http://ekalavya.it.iitb.ac.in/summerintern2012 Summer Internship 2012 - Registration Open and register.
Thanks and Regards,
Summer Internship Team
If you are in BE/B-tech third year and want to get into an internship program, I think you should go for it.It will also be open for second year students but third year people are generally preferred. Leave a comment if you have any clarifications !!!