Milk Prices Hike: The leading milk supplier Mother Dairy on Saturday increased milk prices by Rs 2 per litre with effect from July 11 due to higher input costs. Earlier, Amul had also hiked its milk prices.
Mother Dairy has raised its liquid milk prices by Rs 2 per litre in Delhi-NCR with effect from July 11, 2021. The new prices will be applicable for all milk variants. Earlier, it had last raised the prices in December 2019.
Mother Dairy stated that it was "compelled to raise its liquid milk prices by Rs 2 per litre." From July 1, Amul had increased its milk prices by Rs 2 per litre.
As per the statement regarding the milk prices hike, the company is going through inflationary pressure on the overall input costs. The farm prices, in the last year, were raised to the tune of 8-10 percent along with mounting operational costs of processing, packaging and logistics.
It is pertinent to mention that the farm prices of milk have gone up by about 4 percent in the last three-four weeks, the company stated. Despite paying higher prices towards milk procurement in a span of one year, the consumer rates were kept intact.
Mother Dairy is the leading milk supplier selling more than 30 lakh litres of milk per day in Delhi-NCR.