got license in july...campus in august...joined ic in november...but that was 2007....we were the last of the lot who had it easy...my junior batch in igrua...few of them are still unemployed....private airlines want to conduct placements but igrua will not allow that...if placements happen, it will be air india...they are in their own mess at the moment....so no idea what will happen...you can get yourself rated....however, amongst the people getting jobs these days that i know...75% are fresh cpl holders while remaining are type rated...however, this is amongst people i know... you can become an instructor if you want...but that wont make much of a difference for a job...you become an instructor when there are NO jobs....
indigo has 100 + 150 planes on order out of which some 40 have been delivered...go air has orderes 70 odd planes recently...jet airways has huge expansion plans and the only reason they are going slow on recruitments is because they dont have training slots...all these planes require pilots....you may not get a job immediately but have to wait...people who did their cpl in 1997 had to wait around 3 years for a job....ic did not come out with an ad for 8 years from around 1992 to 2000....there have been bleaker periods...then again....you will be fighting more people for lesser jobs doing engineering....the odds are better here though the stakes are higher....just make sure your parents/relatives are able to support you in case things go bad...a backup should always be there....