Yes i am a member of the ICSA, UK. Its good to have this qualification. Eventhough i have ICSA qualification i had to do the ACCA as without having UK experience especially in Plc(like Limited company in India) its hard to get into the right kind of job eventhough you have high profile ICSA qualification.
It also depends on your experience in India. If you are lucky enough, who knows you may be able to get right job.
But there is no point to get the qualification if you are in India and want to prosper your career in India.
Plese feel free to contact me. My email id is ydaveuk @ yahoo.co.uk
Regards
Yash Dave
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