Which is better, a 5-year IPM through IIM Indore or a B.Tech through IIT?

A few of my friends graduated from IIM Indore and having read online reviews of the alumni from other IITs here are some things I got to know. 

• First, you need to check on your strengths, Aptitude or Science because both are different roads.
• Competition in IPM is - about 12k candidates appearing for the exams, 1200 are shortlisted, and 120 are selected for the course.
• If you once choose IPM you won't be able to get into the technical part but after your B.Tech, you still have a chance to go for IIMs.
• It depends on your priority to choose the career path. 
• Most of the students go with B.Tech through IIT and then MBA from the IIMs.
• IIT+IIM is the perfect combo for the industry. 
• IPM is still a new course. The IITs enjoy a legacy that is yet to be built by the IPM.
• The exposure would be more in IITs. 

The only benefit in IPM is that your career path would be set. However, for better placement opportunities going with IIT+IIM would be great. Also the placement team and the process are different for both the courses. Overall both IIT and IPM are best in their field. So make a wise choice and play within your strengths.