This study is an attempt to know and analyze the effect of changes in crude oil price and production on cement industry’s production and price. Crude oil is one of the most significant sources of fuel. It is major energy contributor to about one third of the world. But currently steady rise in the crude oil prices has put the world under stress. In the previous month i.e. January-2022, the crude oil’s price has shown a drastic rise to $83.92/Bbl after the sudden rise in the Brent Crude oil price. Presently, the price of crude oil is showing as $104.43/Bbl. The increased crude oil’s price resultant into direct outcome on rise of prices of petroleum and its products. This has eventually impacted the cost to transportation industries and subsequently, the cost of transportation for each and every industry. It is because of those consumers are less willing to splurge and that is affecting both paints as well as cement industry. The prime objective of this study is to analyze, production impact and price change of crude oil on Indian Cement Industry as, major producer of cement in the world after China is India, which is more than 7% of the total installed capacity in the world and will continue to increase on rapid pace as India has a lot capacity for growth and development in the infrastructure and construction sector which results in expected growth in the cement sector. Here the researcher analyses the impact with the help of secondary data collection method of last five years data with respect to crude oil and cement industry of India. This paper is an analytical study of crude oil price fluctuation and crude oil production on cement industry of India.

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Keywords: Cement Industries, Price Fluctuation, Secondary Data, Research Analyses.