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How far is good to take up PhD in CSE?

I

Hi all Dr,
I m doing my MTech in CSE. I was very much motivated by my prof to take up my PhD. But my friends and other staffs dnt prefer for taking up PhD. Instead they ask me to get into IT industry as Software Developer. Although i was placed in an MNC, i prefer to take up PhD. But can any one suggest me how far is good to take up PhD? Since its work of 5 yrs with less package...

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