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
After Amul, Mother Dairy on Saturday increased prices of full-cream milk and cow milk by Rs 2 per litre in Delhi-NCR with effect from October 16 due to 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.
Read More: Paytm Payments Bank set to strengthen leadership with seasoned veterans
Earlier in the day, GCMMF, which sells milk under the Amul brand, hiked the prices of Amul Gold and buffalo milk by Rs 2 per litre each across all markets except Gujarat.
Prices have been increased for Delhi-NCR and some other markets in north India. Mother Dairy, the leading milk supplier in the Delhi-NCR market, sells more than 30 lakh litres per day in poly packs and through vending machines.
“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. Increased fodder prices and low rainfall in some northern states have aggravated the situation, the company said.
Read More: Bank of Maharashtra slashes home loan rate to 8 pc in festive offer
“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 said. This is the third round of price increase by Mother Dairy this year.
In March, Mother Dairy increased milk prices by Rs 2 per litre in the Delhi-NCR (National Capital Region). The company had in mid-August also hiked milk prices in the Delhi-NCR by Rs 2 per litre.
(With PTI Inputs)
