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Saturday, October 12, 2024

Amul hikes milk prices by INR 3 per litre; New Prices effective from today

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Gujarat-based dairy cooperative, Amul, has recently announced an increase in its milk prices. Starting today, customers can expect to pay up to INR 3 more per litre of milk, depending on the type of milk they purchase.

Amul Gold, which was previously priced at INR 63 per litre, will now cost INR 66 per litre. Meanwhile, Amul Taaza will be priced at INR 54 per litre, Amul cow milk at INR 56 per litre, and Amul A2 buffalo milk will now be sold at INR 70 per litre.

The reason for the price hike was cited as an increase in the overall cost of operation and production of milk. According to Amul, the cost of feeding the cattle has increased by roughly 20% alone. This is the second time that Amul has raised its milk prices this fiscal year, with the last increase taking place in October of the previous year.

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which manages the Amul brand, issued a statement confirming the price revision and stating that it will take effect starting February 3rd. The statement read, “We would like to inform you that the price of Amul pouch milk (all variants) has been revised upwards effective from February 3.”

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