The civil aviation minister, Mr Praful Patel, on Friday said the airline industry in India has gro-wn by 400 per cent in a short span of about six-and-a-half years while presiding over a foundation stone laying ceremony for the Kannur International Airport at Mattannur. He said in 10 years the Indian market will be the third largest aviation market after the US and China. Earlier this week, thw world aviation industry body International Air Transport Association had said that powered by China and India, carriers in the Asia-Pacific region will post highest profit at $7.7 billion, overtaking airlines in North America and Europe.