Mother Dairy hikes milk prices by up to ₹3 per litre
Full cream milk will be dearer by ₹3 per litre, while other variants will be costlier by ₹2 per litre
New Delhi: Mother Dairy on Sunday announced an increase of up to ₹ 3 per litre in milk prices in Delhi-NCR region from Monday, citing rise in input costs. Full cream milk will be dearer by ₹ 3 per litre, while other variants will be costlier by ₹ 2 per litre.
One litre of full cream milk (poly pack) will now cost ₹ 42, toned milk (poly pack) ₹ 32, token milk ₹ 30, double toned ₹ 28.
However, prices of skimmed milk have been kept unchanged at ₹ 22 per litre, Mother Dairy said in a statement.
Mother Dairy, the largest supplier of milk in the Delhi- NCR, sells more than 30 lakh litres per day (both loose and poly-pack) in the region.
“Price hike has been necessitated due to significant increase in raw material costs (farmer prices) by almost 10% over last year, power tariffs, petroleum prices and other costs," the company said.
Prices have been increased to maintain viability of operations and to be able to adequately cater to the growing liquid milk demand of the consumers in NCR, it added. Earlier this month, Amul had increased milk prices by ₹ 2 per litre. The company in a statement said it “passes on 75-76% of the consumer price to rural farmers. This may probably be one of the best and most efficient means of ensuring inclusive growth."
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