Amul hikes milk price by Rs 2 per litre in Delhi-NCR from Wednesday
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Amul hikes milk price by Rs 2 per litre in Delhi-NCR from Wednesday

Last Updated: Tuesday, April 30, 2013, 22:26
 
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Amul hikes milk price by Rs 2 per litre in Delhi-NCR from Wednesday
New Delhi: Milk will be costlier in Delhi- NCR market with leading supplier Amul deciding to increase the rates by Rs 2 per litre effective from Wednesday.

"We have decided to raise the milk price in Delhi-NCR region by Rs 2 per litre. The prices have been hiked after 13 months as input cost have increased," R S Sodhi, the Managing Director of Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk under Amul brand, said.

Sodhi said the prices of full cream milk will now go up to Rs 42 per litre from the current Rs 40 per litre, while that of toned milk to Rs 32 per litre from Rs 30 per litre and double-toned milk to Rs 28 from Rs 26 per litre.

"Our purchase price for milk procured from farmers have increased along with normal inflation in other input cost such as transportation," Sodhi explained.

Amul is a leading milk supplier to the national capital region with sales of 2.3 million litre of packaged milk per day. Mother Dairy sells more than 3 million litre per day in Delhi-NCR including packaged and loose (token) milk through vending machine.

Asked about other markets, Sodhi said the prices in Mumbai have already been increased a week-ago.

GCMMF posted a turnover of Rs 11,668 crore in 2011-12 fiscal, which was 20 percent higher than Rs 9,775 crore in the previous fiscal.

GCMMF, which is based at Anand in Gujarat, processed 14.5 million litres of milk per day in 2011-12 and has planned to increase the processing capacity to 18 million litres a day by 2018 to meet future demands.

Meanwhile, Mother Dairy said it is presently reviewing the situation and is yet to decide on increasing milk prices.

"The procurement cost and other overhead costs have gone up in the last few months. Mother Dairy at this point is still reviewing the situation and a decision on an increase is yet to be taken," the spokesperson said.

PTI


First Published: Tuesday, April 30, 2013, 14:25


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