The Indian glass industry has been growing across all segments driven by India's booming automotive and construction sectors. The industry has been growing across all segments with sheet and float glass recording the fastest growth, at a CAGR of nearly 67 per cent between 2001 and 2005.

Furthermore, exports of glassware from India have also been growing at a CAGR of 17 per cent over the period 2001-02 to 2006-07. From US$ 139 million in 2001, exports increased to US$ 307 million in 2007. The products exported have been primarily bottles, jars, fibre glass and glass beadwork, which together accounted for more than half of all glassware exports in 2006-07.

The size of the Indian ceramic tile industry is estimated at US$ 0.35 billion and India is ranked fifth globally in the production of ceramic tiles. The industry has been experiencing increased demand, growing nearly two and a half times in the period between 2001 to 2005 from 97 million tonnes to 207 million tonnes. Apart from domestic demand, exports of ceramic tiles from India have also been increasing. From a level of US$ 33.3 million in 2001-02, exports of ceramic tiles from India have gone up to US$ 58.5 million in 2006-07, at a CAGR of 12 per cent.

The improving capability of Indian players is reflected in increasing exports across both ceramics and glass offering a bright picture for existing players, as well as potential investors in the glass and ceramics industry.