New Delhi, Oct. 25 -- India's industrial production growth is expected to moderate to 6 per cent in September 2026 from 8 per cent in August, with a sharp slowdown in capital goods output and continued weakness in mining, according to a research report by Union Bank of India.

The forecast comes ahead of the government's September Index of Industrial Production (IIP) data, scheduled for release on October 28, and points to slowing industrial momentum despite continued support from domestic demand and a favourable base effect.

"Index of Industrial Production (IIP), expected to grew by 6.0% (y/y) in Sep'26, moderating from 8.0% (y/y) in Aug'26 due moderation in sequential momentum though favourable base-effect holds up," the bank stated in...