Root cause diagnosis of process industry is of significance to ensure safe production and improve production efficiency. Conventional contribution plot methods have challenges in root cause diagnosis due to the smearing effect. Other traditional root cause diagnosis methods, such as Granger causality (GC) and transfer entropy, have unsatisfactory performance in root cause diagnosis for complex industrial processes due to the existence of indirect causality. In this work, a regularization and partial cross mapping (PCM)-based root cause diagnosis framework is proposed for efficient direct causality inference and fault propagation path tracing. First, generalized Lasso-based variable selection is performed. The Hotelling T2 statistic is formulated and the Lasso-based fault reconstruction is applied to select candidate root cause variables. Second, the root cause is diagnosed through the PCM and the propagation path is drawn out according to the diagnosis result. The proposed framework is studied in four cases to verify its rationality and effectiveness, including a numerical example, the Tennessee Eastman benchmark process, the wastewater treatment process (WWTP), and the decarburization process of high-speed wire rod spring steel.