@Richkm , Thanks for posting in Q&A.
Based on my experience, it can works. For the dynamic group, Intune's group tag field maps to the OrderID attribute on Azure AD devices. We can use this attribute to create two groups.
https://learn.microsoft.com/en-us/mem/autopilot/enrollment-autopilot
For autopilot profile, we can assign to the both groups. For the domain profile, we can assign the one with US location to US group and assign the one with IND location to IND group.
Meanwhile, share a good article to troubleshoot Windows Autopilot Hybrid Azure AD Join if we need in the future:
https://oofhours.com/2020/07/19/troubleshooting-windows-autopilot-hybrid-azure-ad-join/
Note: Non-Microsoft link, just for the reference.
Hope it can help.
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