JOIN USThe FHM 100 Sexiest Women list is based on online and SMS voting and saw a whopping 35,000 responses this year.
"We'd love to say 2011 was a close contest, only Sheila made sure it was far from. A feat that becomes even more significant because no woman in the world across all 28 editions of FHM has ever won the Sexiest Woman in the World title three times in the last 17 years that we've been making the list.
Her average is higher than Sachin Tendulkar's and she replaces Deepika Padukone who won the crown in 2010," said Kabeer Sharma, executive editor FHM India, in a statement.
Katrina seems to be the toast of the season -- she was the only Bollywood actress to feature on the India Today's Elite Power list and is also the most Google-searched Indian celebrity.