Third largest and among the fastest growing tile market: India is the 3rd highest producer and consumer of ceramic tiles in the world after China and Brazil accounting for roughly 6.5% of the world production and consumption of tiles. The growth in India is ~1.4x of world average during the period CY09-CY13. The Indian ceramic tiles market size is estimated to have been Rs 172 bn in 2012 and is expected to reach Rs 301 bn by 2016 growing at a CAGR of 15%. India's share in the world market has increased from 5.7% in CY09 to 6.3% in CY13 in production and from 5.8% to 6.5% in consumption. Sanitaryware & Bathroom Fittings market poised for strong growth:...