Mother Dairy follows Amul, raises milk prices by Rs 2 litre in Delhi-NCR

Updated : Jun 03, 2024 15:11
|
Editorji News Desk

Following Amul's decision to raise milk prices by approximately 2 rupees per litre nationwide, Mother Dairy has also announced a 2 rupees per litre increase in milk prices in the Delhi-NCR market. This hike, attributed to rising input costs over the last 15 months, applies to all milk variants and is effective immediately. 

The increase in prices of all variants of milk is effective from Monday (June 3) in Delhi-NCR as well as other markets where it has a presence. On Sunday, Amul announced an increase in rates.

Increases in milk prices by these two leading milk suppliers come just after the completion of the voting process of the Lok Sabha elections.

In a statement, Mother Dairy said it is "increasing its liquid milk prices by Rs 2 per litre across all operating markets from June 03, 2024 onwards." The increase in consumer price is mainly to compensate the producers for increased production costs, which have been on the rise for over one year, it said.

In Delhi-NCR, Mother Dairy full cream milk will be available now at Rs 68 per litre, while toned and double-toned milk at Rs 56 and Rs 50 per litre, respectively.

Also Read: Amul hikes milk prices by ₹2 per litre from Monday

Amul hikes milk prices by Rs 2 per litre from Monday

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the 'Amul' brand, has increased milk prices by about Rs 2 per litre from Monday across the country.

The increase of Rs 2 per litre translates to range of 3-4 per cent hike in MRP which is much lower than average food inflation, the GCMMF said in a late night statement.

The announcement of price hike comes after the completion of voting process of the Lok Sabha elections.

The GCMMF said that since February 2023, it has not made any increase in prices of fresh pouch milk in major markets.

Mother Dairy

Recommended For You

editorji | Business

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

editorji | Business

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

editorji | Business

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

editorji | Business

Nifty 50: Top losers today - 20 December 2024

editorji | Business

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar