Recently got a query from one of the members who couldn't score much in M.Tech from a foreign univeristy but had a brilliant percentage in B.Tech. PhD indeed becomes difficult to grab for such cases. There are two possible options for such students:
1. Apply for GATE (forgetting that you have pursued M.Tech) and prepare well to grab a PhD position based upon your B.Tech percentage.
2. Apply at KPOs like Evalueserve, Genpact to get some consultant position. Kinapse is also a possible consultancy firm one can apply at under such a scenario.
3. There are some Pharmaceutical companies in Himachal you can apply at, but the pay package wont be very high.
This is all I can recommend right now. I'll discuss with some contacts to find out some possible job opportunity in such cases.
Till then you may try out the above options,
P.S: There's a road for every traveller, so don't get disappointed.
MS(Research) Scholar, IIT Delhi (Alumnus)
Advisor for the Biotech Students portal (BiotechStudents.com)
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