Your academic numbers look strong.  That 705 on the new GMAT is the equivalent of a 750 on the prior version of the test, so very strong.  Graduating with solid marks from one of the IITs also helps.  Do you know your class rank?  Your work experience sounds promising too, assuming you have some nice milestones, growth, leadership to share.  ECs seem solid as well.

The main hurdle at this point is that you need to thing through your career plans and come up with a compelling set of short- and long-term goals.  This will do two things: 1. Allow you to give your candidacy it's own flavor/character (super important in a crowded pool), 2. Help determine which schools you may want to target.  For instance, if you want to pivot into consulting and then back to tech PM, it would be nice to have a niche in mind (e.g. CPG, healthcare, sports/media/entertainment or whatever vertical you might find appealing/fitting to your background).

Beyond the matter of goals, you will face very stiff competition in the applicant pool as an Indian male engineer.  As such, you should be sure to apply in R1 and to focus on a mix of M7 and T16 programs, since there's never a guarantee for M7 when you are in a hyper-competitive segment of the candidate pool.  This is also why creating a set of compelling career plans may help you to stand out.

Best of luck on your application journey!