Kingfisher link
We have 32 Indian Cpl students training at my flight school (Mainland Air) in Dunedin, New Zealand. They all pay 45k (NZ$), roughly £15k, for their Cpl before going back to India to do their MEIR. I believe there is a link with Kingfisher airlines. Sounds like a cheaper option than some I am reading about on this thread, and you get to learn how to mountain fly - you have no choice! No guaranteed job at the end, but like its always been with flying - if you persevere and make a few sacrifices you'll make it.