But i am not getting a decent mileage out of it. 7-7.5Kmpl in city is too less as far as i know.
I don't think you'll get measureably different economy by changing oil viscosity. I didn't alternating between 0W-30 and 20W-50 (both synthetic, so going from 3.5 to 6.1 cP). In fact 20W50 might have been more economical.