I am not sure if good universities and colleges offer part time industrial design courses. The well known ones like IIT Bombay, IIT Delhi offer the master's course and admissions are through CEED. A lot of private institutes are there but I wouldn't recommend simply because there is not much

Well there is a good scope simply because design is required for every project, unit that is set up, expansion etc. There are firms that deal in design only. Product design is one more area that has scope. Research units also require designers. These are some areas where M.Des will

I havent heard of BFA in industrial design actually since the B.Des programmes usually cover it and not the BFA programmes in India. As for BHU, it offers a 4 year BFA but definitely not in Industrial Design. It is offered in 

Painting

Applied Arts

Pottery & Ceramics

Textile Design

You will have to apply for CEED exam. It is already conducted in Jan.

You can go through the official site:

http://ceed.iitb.ac.in/2017/

Hope this helps.

There is a tremendous scope and even greater need for industrial and product design. you will always be in high demands if your skill sets are top quality,
more industries in India are looking for such trained designers.

Here are some of the colleges name you can prefer for Industrial designing in Maharashtra.

Design Media and Edutainment Solutions

Aditya College of Design Studies, Borivali West, Mumbai

DYPDC School of Design, Ajeenkya DY Patil University Lohegaon, Pune

Suryadatta Institutes of Vocational and Advanced Studies (SIVAS Pune)

It is almost same. Both do the same kind of work. In fact, product design can arguably be considered a subset of industrial design.

Industrial designers take a useful product that serves a need, and makes it even more useful or more beautiful. They keep all our modern conveniences fresh