Is PGDIE from NITIE equivalent to M.Tech as per any HRD Ministry amendment?

NITIE Mumbai and several IIMs provide Post Graduate Diploma and it is considered equivalent to professional degrees in India, including MBA, as is given out by universities. 

IITs are deemed universities themselves, which neither IIM nor NITIE are. This means that the degrees offered by them have the official banner of M.Tech. In that case, if you are planning to go for higher education, or even for employment purposes abroad, they will ask you for your degree, then you have chances of facing issues. 

Whereas, if you pursue a Ph.D., Fellowship, or even employment within India, then there will not be any hassle whatsoever. 

Several aspirants consider NITIE Mumbai the only institutional hub of pursuing an MBA via GATE. This gives NITIE Mumbai an uneven platform, in contrast to numerous other institutes that only offer an M.Tech. In a nutshell, the course of PGDIE is considered to be very closely similar to the PGDIM courses essentially offered by NITIEs via CAT.