UK 2-year post-study permit would benefit Indian students for settlement?

Yes, it will benefit any international students not just Indians choosing the UK as the study destination. Around 40k Indian students used to study in the UK which was declined after the two-years Post Study Work permit revoked in the year 2012 by the government.

Boris Johnson’s government has again brought back the Post Study Work in place for all the international student entering in the UK as a student. They would be getting to stay two more additional years in the UK after any bachelor’s or master’s program. This changed Student visa will now allow international students to stay for 2 years in the UK by doing any job which could be anywhere in Burger King’s, BPO, or a job as a banker depending on your academic profile. The new policy for international students in the UK for 2 years is a good time to look for a decent job that can allow you to stay for 3–4 years in the UK to get better exposure.

Britain is now the next hot spot among many Indian-qualified employees and students. The strong United Kingdom economy supported by reduced levels of jobs because of its favorable labor laws and a lot of business also prefer to invest in the UK due to its central location in the world which generally create more employment for their people.  

The Graduate Route visa is the visa that leads after 5 years to PR. But to qualify for that visa you need to (in most cases) find a graduate job paying a salary of £25000 per annum or more. Plus, you need to find a licensed employer.