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2. Second option is to move to Singapore/London/HK as a lateral, after a few years of working in India. This is more difficult IMV, in the case of London, because it sort of becomes for them a 'damned if you do, damned if you don't' situation. They are really fussy about people going through the TC training period, and tend to be very unsure of people who haven't gone through that, which is why Option 1 is more likely to work than Option 2 (not like option 1 has a very high chance of working either). How much (if any) weightage/recognition they give to your Indian experience is difficult to determine. If you have too much experience, they might say you are overqualified for a TC and not take you in (the British have this way of rejecting by saying how sad they are to reject you, but they just had so many good applications this season that they feel quite bewildered and overwhelmed, which is their unique corporate/recruting/academic circumlocution for 'the competition was, is and will always remain tough, and you were, are and will always be, in our eyes, a bullshit') or do the same thing if you apply for a TC after a year or so PQE in India, saying that you actually don't have enough experience. So think about this carefully, as arguably, London is one of the best starting points for a career in commercial law outside India.
3. Unless you are a Rhodes Scholar or have the brains of such a one and enough money that 360K U.S. Dollars will not break the bank, don't think so much about U.S. as a starting point, because getting a job with LLM is almost impossible, and your only option there would be a JD.