India is one the fastest growing aviation markets and currently the ninth largest civil aviation market in the world. Air transport in India presently supports 56.6 million jobs and generates over US$ 2.2 trillion of the global gross domestic product (GDP).
India is one of the top 10 economies globally, with vast potential for the banking sector to grow. The Indian banking sector recorded a total asset size of US$ 1.5 trillion in FY 12 from US$ 1.3 trillion in FY 10, with 73 per cent of the assets being accounted for by the public sector.
India is amongst the top 12 biotech destinations in the world. It ranks second in Asia. It is the largest producer of recombinant Hepatitis B vaccine in the world. The market size of Indian biotechnology industry was US$ 4.3 billion during FY13 and is expected to grow to US$ 11.6 billion by 2017.
The cement industry of India is the second largest producer in the world. The production of cement has increased at a compound annual growth rate (CAGR) of 9.7 per cent to reach 272 million tonnes (MT) during FY 06–13.
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