The Competition Commission of India has imposed more than six thousand crore rupees as penalty on 11 Cement Companies for price cartelisation. It has also imposed penalty on the Cement Manufacturers Association. An official release says, the cement manufacturers have been directed to deposit the penalty amount within 90 days. They have also been directed to cease and desist from indulging in any activity relating to agreement, understanding or arrangement on prices, production and supply of cement in the market.