Amul hikes milk prices by Rs 2/litre
Dairy major Amul raised prices of its different varieties of milk by Rs 2 a litre from Sunday in the national capital and surrounding areas due to increase in input costs.business Updated: May 01, 2011 15:17 IST
Dairy major Amul raised prices of its different varieties of milk by Rs 2 a litre from Sunday in the national capital and surrounding areas due to increase in input costs.
However Mother Dairy, that has a major hold over the milk market in the national capital region and its surrounding areas through its vast chain of outlets in Delhi and NCR, has not raised its milk prices.
"There is no decision to hike prices of milk at the moment," sources in the Mother Dairy said.
The Anand (Gujarat) based Amul, also an important player in milk distribution in Delhi and NCR, increased prices of its different varieties of milk by Re 1 on 500 ml pack and Rs 2 per litre from today.
Accordingly, cost of 'Amul Gold' variety rose from Rs 34 a litre to Rs 36 per litre from today. Likewise, 'Amul Taaza' variety will cost Rs 28 a litre from Rs 26 a litre earlier, sources in Amul said.
There is a marginal hike of 50 paise on 'Slim an Trim' variety at Rs 12 for 500 ml from Rs 11.50 earlier. There is no change in its pack of 200 ml, which is still selling at Rs 5, they added.
Amul has also published the revised rates of its different varieties of milk through advertisements in newspapers.
The sources in Amul attributed the price increase to rise in input costs.
High price of milk and vegetables are already contributing to the soaring food inflation, which was recorded at 8.76 for the week ended April 15. The latest rise in milk prices may further push it up.