In the Indian context, what matters today is not _what_ the degree is, but _where_ the degree is from.
Some historical perspective as I recall it: even as late as the late 1990s, there were very few engineering colleges in India, and a B.E. or B.Tech was a prestigious degree to have. For example, Uttar Pradesh, which is a state that has about the population of the entire US, had 5 or 6 state engineering colleges (+ IIT Kanpur + Univ. of Roorkee + Banaras Hindu Univ, which were national level institutions).
The AICTE which controls technical education in India, mandated that no CS department should take more than 65 students in a year.
I think what changed was Y2K. I suspect under pressure from NASSCOM, (led by the charismatic Dewang Mehta [1]), B.Tech in CSE got doubled in number by creating a second department called I.T. thus working around existing norms. In the 5 years following, engineering education itself got "liberalized" by allowing a large number of private for-profit colleges.
The impression was that they will become places like Harvard and MIT, just because private is better than public sector. Many of these colleges still do not want to employ qualified teaching staff - the faculty are mostly people with just a B.Tech degree from similar colleges, who did not get a job in the tech sector, hence are willing to pay for dirt pay, and under draconian corporate-style management.
The situation is true to this day.
An inevitable result has been the deluge of people ill-trained, but holding a degree, tarnishing the reputation of Indian engineering education.
TLDR: 20 years ago, there were very few engineering colleges in India, the degree was prized, and the graduates were kind-of well-trained. Then there was a huge and unregulated explosion in graduates from for-profit colleges. Today, the graduates who are assured of good jobs and whose degrees hold value, are still those from the pre-1990s engineering colleges.
Doctors have resisted a similar dilution of norms. But recently India achieved a significant "number" - one can only hope that the doctors are better off than the engineers. [2]
[1] https://en.wikipedia.org/wiki/Dewang_Mehta
[2] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6259525/