Come on, M.Tech isn't aimed for research fellas. I know many M.Tech guys who were almost on the brink of rejection by IT companies, citing 'over qualified' as reason, they somehow managed to save their asses and now are employed same where B.tech guys are even at same package. M.Tech is a reputed degree to hold provided you know how to exploit it well. Want to go in professor ship, NET, GATE crap..go for it!
Want a job, get yourself rolling out in the market and see who happens to like you!