Pursuing MBA from India would be a good option and considered valuable as well as rewarding. Doing MBA from IIMs is accepted across  the world as of now, even Singapore is asking Indian govt to open a branch there...so this would help u calculate the importance of doing MBA from India. Students from India are getting salaries counting high on pay scale.....85Lac pa and counting... From this you can understand how valuable is an MBA from Indian institutions. additionally, not all MBA degrees are considered good, until they are done from some of the prestigious universities abroad.