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Takwani is a great book, why do you think otherwise?
Nah would much rather sit unemployed, than to do an Indian LLM.

As a back-up for PSU recruitment, then sure.
PSU Recruitment mandates Indian LLM or foreign works too?
PSUs require minimum UG score and then a CLAT PG scores, a Good CV and interview. So irrespective of whether you have done masters or not, CLAT is mandatory. Also, an under 50 rank is preferred.
You don't necessarily need to have an LLM, only the score of CLAT PG (Rank) is used to determine the cut-off for interview calls.
Indian LLM is perhaps the best professional qualification one can have.
Read The Devil's Advocate by Iain Morley KC. Unlikely to be of immediate use, but a good book nonetheless which will be quite useful later down the road
Also, any good and lucid resource on Criminal Law would be highly appreciated, I had very little exposure to it during my law school and internships.
I've read this already, very nice autobiography of MC Chagla.
A Matter of Interpretation by Antonin Scalia

PS: This book was recommended to me by a judge;)
Read grammar books. Even some of the best Indian lawyers write poor prose. Start with Strunk and White’s Elements of Style. Read Orwell’s Politics and the English Language essay. Also, read American judgments to know how to write well.