Hi, Hope You are doing well!

Studying abroad is a good idea and dropping this plan is also a good idea.
Both the options have their own benefits.

Colleges of India are nonetheless than that of foreign colleges. You have ample number of great colleges/universities here too. As you are a B.School Aspirant, IIMs, IIFT, TISS, FMS, XLRI, IITs(some of them offer management degrees), SIBM, SPJIMR, etc. are some top business schools that have a good reputation and ranking not only in India but outside too and has its own distinguished recognition. There's always an alternative for everything India, especially if its about education.