Amul increase milk prices across the country

BusinessAmul increase milk prices across the country

Date:

Amul increase milk prices across the country

Amul milk has become expensive. The price of Amul’s milk has been increased by Rs 2 per liter. This increase will be applicable across all brands from July 1. A senior official of the Gujarat Cooperative Milk Marketing Federation (GCMMF) has given this information on Wednesday. He said that the price is being increased after a gap of about one year and seven months, which was necessitated due to the increase in the cost of production.

RS Sodhi, managing director of GCMMF, which sells Amul brand of milk and dairy products, said that the prices of Amul milk will be increased by Rs 2 per liter from tomorrow across India. He further informed that the new prices will be applicable on all brands of Amul milk such as Gold, Taza, Shakti, Tea Special as well as cow and buffalo milk. Sodhi said the increase in the price of milk was necessitated because of the rise in food inflation.

Apart from this, the price of packaging has increased by 30 to 40 percent, he said. The cost of transportation has increased by 30 percent. The cost of energy has increased by 30 per cent, which has increased the cost of inputs.

Share post:

Subscribe

Popular

More like this
Related

Tribal Protest Grows in MP Over Ken-Betwa River Project, Villagers Demand Fair Rehabilitation

Tribal communities in Madhya Pradesh's Chhatarpur district are holding...

How to Choose Your First Mutual Fund: A Beginner’s Guide

Choosing your first mutual fund can feel overwhelming. There...

Common Mutual Fund Mistakes Beginners Should Avoid

Mutual funds are one of the most popular investment...

What Is an Expense Ratio in Mutual Funds? Explained Simply

When choosing a mutual fund, many investors compare returns,...