This price hike is being attributed to an increase in the overall cost of operation and production of milk.
The cattle feeding cost alone has increased to approximately 20% compared to last year, Amul said.
“Considering the rise in input costs, our member unions have also increased farmers’ prices in the range of 8-9% over the previous year,” Amul said in a statement.
Amul had earlier hiked prices in February this year. After which, Amul Gold milk was priced at INR 30 per 500 ml, Amul Taza at INR 24 per 500 ml, and Amul Shakti at INR 27 per 500 ml.
The price of Amul Gold will now be INR 31 for 500 ml, Amul Taaza will be sold at NR 25 for 500 ml, and Amul Shakti at INR 28 for 500ml.
On the other hand, Mother Dairy had increased milk prices by INR 2 per ltr in the Delhi-NCR (National Capital Region) in March this year.
Mother Dairy is one of the leading milk suppliers in the Delhi-NCR market and sells more than 30 lakh ltrs per day in poly packs and through vending machines.
A company official today said that it is “compelled” to raise its liquid milk prices by INR 2 per ltr with effect from August 17, 2022.
The new prices will be applicable for all milk variants. Full cream milk will cost INR 61 per ltr from Wednesday. Prices of toned milk will increase to INR 51 while double toned milk will rise to INR 45 per ltr. Cow milk price have been hiked to INR 53 per ltr.
The increase of INR 2 per ltr translates into a 4% increase in maximum retail price (MRP) which is lower than average food inflation, Amul said.
