For The Third Time This Year, Amul & Mother Dairy Announce Milk Price Hike By Rs 2 Per Litre

With Diwali just a week away, one of the most consumed items in Indian households has got costlier. India¡¯s dairy giants Amul and Mother Dairy have raised their milk prices again, making it the third price hike of this year.

Both Amul and Mother Dairy had earlier announced milk price hikes in March and August this year.

PTI

Mother Dairy has increased prices of full-cream milk and cow milk by Rs 2 per litre in Delhi-NCR with effect from October 16 due to a rise in input costs.

Full-cream milk price has been revised to Rs 63 per litre from Rs 61 per litre, while cow milk will be available at Rs 55 per litre against Rs 53 per litre now, as per PTI.

Prices have been increased for Delhi-NCR and some other markets in north India. Mother Dairy has been a leading milk supplier in the Delhi-NCR market and sells more than 30 lakh litres per day in poly packs and through vending machines.

Before Mother Dairy, Amul had announced over the weekend, that a hike of Rs 2 per litre in the prices of full cream milk and buffalo milk across all the states except Gujarat will be applicable.

The officials of the Gujarat Cooperative Milk Marketing Federation (GCMMF) informed about the hike, as per an ANI report. RS Sodhi, the Managing Director of Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the brand name 'Amul,' informed about the new rate card.

With the hike, the price of Amul full cream milk has increased from Rs 61 per litre to Rs 63 per litre.

Also Read: Milk Price Hike Forced 30% Households To Reduce Consumption Or Buy Cheaper Alternative: Survey

Mother Dairy¡¯s Statement

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Increased fodder prices and low rainfall in some northern states have aggravated the situation, the company said. Increased fodder prices and low rainfall in some northern states have aggravated the situation, Mother Dairy reportedly said.

¡±The dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about Rs 3 per kg in the last two months alone, owing to multi-fold increase in varied input costs,¡± Mother Dairy spokesperson said, as per the PTI report.

¡±We are therefore compelled to revise prices to support farmers and ensure availability of quality milk for consumers. In our endeavour to limit this impact on consumers, we are only revising the prices of full-cream and cow milk variants by Rs 2 per litre. The revision in these two variants is effective from October 16, 2022,¡± the spokesperson further added.

Also Read: Indian Dairy Giant Amul Named Regional Sponsor Of Argentina Team For FIFA World Cup 2022