In India, a Master of Engineering or Master of Technology degree is a postgraduate program in engineering or technology field. This is generally a 2-year specialization program in a specific branch of engineering or a technical field. Students typically enter the ME/MTech/MSc Engg/Msc.(Tech) programs after completing a 4-year undergraduate program in engineering resulting in the award of a Bachelor of Engineering or Bachelor of Technology degree, or a 5-year program in Science or Applied Sciences resulting in the award of a Master of Science degree.
The ME/MTech/MSc Engg programs in India are usually structured as an Engineering Research degree, lesser than Ph.D and considered to be parallel to M.Phil. and M.S. degrees in Humanities and Science respectively. MTech and MSc Engg programs in India were started by some well known institutions with the aim of producing Research Engineers who can also get the position of "Technologist" in the Industries and Research Institutes.
After the completion of M.Tech, you have 2 options first is to go for further higher studies.
So, if you interested in continuing your studies then you can go for PhD and other wise you can find employment with any good firm.
If you are interested to work in the research field then you can go for the higher studies in the selected field of specialization :
After completion of post graduate course you have many job opportunities in a variety of industries:
For most of the above mentioned job offers, you might have to write the entrance exams conducted by the respective organization, apart from the written test and interview, every organization has its own selection criterion.