I can' speak for the other airlines but the answer is basically NO. There are no expat F/O's here at my airline. F/O hiring is down to a very slow trickle and the line is long. Unless you know somoene (even as an Indian National) the pickings are slim, I'm told.
We have some new Indian Capts who were F/O's but were not able to complete all their exams. They went to the US and got their B737NG type ratings on their FAA license. They came back got 100 hrs of IOE and then released as Capts. They are flying on a FATA for 2-3 years and will have to get their Indian ATPL by then. Also, they are local terms.
Local terms are not necessarily that bad for Capt's as I have been told. The big difference is expats get a housing allowance and don't have to pay 33% taxes.