LLB

Ethical hacking is a broad field in itself and deal with many kinds of attacks, and some sophisticated too.
Every IT organisation which is dealig with USERS and their data with privacy contents needs an ethical hacker to secure their domain.
If we talk about SCOPE.
Yes there are loads of STARTUPS , aka well funded. They need Bug reporting mechanism to make their security robust like FLIPKART.
Either they do it by HIRING securoty guys within organisation or outsource using bug bounty programme. By any mean but they really need it.
Nowdays ethical hacking workshops are growing rapidly in india and they are awaring students to how to become a part of this CHALLANGING field. Ethucal hacking is not just the use to automated tools agains web apps or servers, its deeply about how you can pentest a project MANUALLY using your out box thinking, tools are just a way to perform your action.
If you are a noob just try to spend your time on hackerone and bugcrowd, you will get the idea about the real scenerio that how a hacker dig his mind to get something over web apps.
So now job prospect, Yes it is well paid job nowadays but in India its is just getting boom until PEOPLE understand the importance of ethical hacker for their organisation, like in foreign countries.