Synopsis Srinivasan said there was a necessity for a body like SICMA owing to the vast growth that has taken place in the cement industry. He went on to elucidate this by saying that India currently produces over 500 million tonnes of cement, trailing only China. In the photo: N. Srinivasan, Vice-Chairman & MD of India Cements and President of SICMA Chennai: N. Srinivasan, Vice-Chairman & MD of India Cements and President of the newly formed South India Cement Manufacturers’ Association (SICMA) on Tuesday said it was "unfair" of the builder lobby to go around parading as the "paragons of virtue" and accuse the cement industry of "cartelisation" and using every excuse to blame cement manufacturers for high cement prices.