The Indian cement industry is the second largest in the world after China and ahead of the United States and Japan. It constitutes 7 percent of the world cement production. It is consented to be a core sector accounting for approximately 1.3% of GDP and employing over 0.14 million people. Also the industry is a significant contributor to the revenue collected by both the central and state governments through excise and sales taxes. The cement industry is highly capital and energy intensive and key driver for the industry is the buoyant real estate market and increase in infrastructure spending in the budget allocation. According to Cement Manufacturers’ Association, the per capita cement consumption in India was 196kg in 2011 as compared to 536kg in world.