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Amul to hike prices of milk across India by Rs 2 per litre from 1 July, says GCMMF managing director-Business News , Firstpost

Amul to hike prices of milk across India by Rs 2 per litre from 1 July, says GCMMF managing director

RS Sodhi said the price was being hiked after a gap of nearly one year and seven months, which became necessary due to an increase in the production cost

Representational image. Couresy: Amul

Prices of Amul milk will be increased by Rs 2 per litre with effect from July 1 across all brands, a senior Gujarat Cooperative Milk Marketing Federation (GCMMF) official said on Wednesday.

He said the price was being hiked after a gap of nearly one year and seven months which became necessary due to an increase in the production cost.

“Prices of Amul milk will be increased by Rs 2 per litre across India from tomorrow. The new prices will be applicable on all Amul milk brands like Gold, Taaza, Shakti, T-special, as well on cow and buffalo milk,” said RS Sodhi, Managing Director, GCMMF, which markets Amul brand of milk and dairy products.

Sodhi said the hike in the milk price became necessary due to the rise in food inflation.

“Additionally, the cost for packaging has gone up by 30 to 40 percent, the transportation cost by 30 percent, and the energy cost by 30 percent, which led to the increase in the input cost,” he said.

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