HI,hallo, all
few details:
mechanical engineering student.
future plan: planning to develop business in Germany in future.
completed German language level 1
planning to complete level 2
confused if MBA from German college, that too colleges offering admissions without any experience would help?
any scope for no experience MBA holders in Germany?
if anyone could also guide about what to prefer, MBA or MS for business career ahead in EUROPE.
could anyone guide about German b-school of great academic career and having no experience criteria
advices,respected.

Outside the United States, that degree is called the MSc.

Because international accreditation of MBAs in Europe requires work experience, you should take an MSc if you do not have work experience. Take a look at:-
Which MSc's are better than pre-experience 'Freshers' MBAs? www.find-mba.com/board/22783
Why freshers' MBAs are worse than MiM degrees from better schools http://www.find-mba.com/board/38133
Also see the German schools in http://rankings.ft.com/businessschoolrankings/masters-in-management-2014

More important than a degree in Germany are language skills. See Do you need to speak the local language? www.find-mba.com/board/34713

Fortunately, there are a lot of decent and affordable MSc programs in Germany. Check out the offerings from these schools:

WHU
Cologne
HHL
Mannheim
EBS

Duncan's right, though: language skills will be of primary importance. What do you mean by "level 2?" Is that A2?

Fortunately Germany is pretty good in terms of residency visas: if you're able to get a job post-graduation where you make at least 4k EUR a month (or around there...) you can apply for the EU blue card. Not a bad deal. There are few skilled jobs for those who don't have professional-level German skills though.