F.O.B.s
Honestly, I think it's only going to take one incident to change the way airlines in India recruit their pilots. Right now they might prefer someone with a CPL and no additional training except a type rating, but that's going to change very soon. Better to gain some experience as a FI somewhere and build some hours. IMO I don't see how people can make the jump directly to jets after getting a CPL. This trend, coupled with inadequate infrastructure is a breeding ground for an aviation disaster waiting to happen. And it's not going to be pretty when it does happen.
The airlines should be hiring the applicant with more experience and then paying for the type rating if they have to, instead of trying to cut costs and selecting recruits on the basis of their bank balance and compromising on safety.