Hi Mav and ArunKumar,
Thanks very much for your valuable response. There is not much technical work here both for PL and PM, just keep developing new spreadsheet(team management plan, communication mgmt plan, schedules, estimates, client calls......)
Another issue is I am basically from Java background, but since i wanted to learn Project managements skills i am currently handling a VB project(for past 2 years), my designation is the same from past 3 years, even though i am doing lot of project management activities. They call me PM, but designation they don't to change.
All my friends are saying i am wasting my H1(i got it 6 months back). All say the market is booming in U.S and its high time i go there.
But if i go to U.S, i need to work as a developer and after 3 years lets say i come back to india, i need to start from maybe again a PL or who knows only a module lead.