Amul hikes milk prices by Re 1 per pouch in Delhi-NCR
"We have decided to increase the milk prices in Delhi-NCR region by Re 1 per pouch of both half litre and one litre effective tomorrow morning, as procurement prices have increased by 19-20% in last two years," Amul Managing Director R S Sodhi told PTI.
Dairy major Amul has hiked its milk prices by Re 1 per pouch of both half and one litre in the Delhi-NCR region, effective from Friday.
"We have decided to increase the milk prices in Delhi-NCR region by Re 1 per pouch of both half litre and one litre effective tomorrow morning, as procurement prices have increased by 19-20% in last two years," Amul Managing Director R S Sodhi told PTI.
He added that this is the first increase in milk prices in last two years.
As per the proposal, there will be a rise of Re 1 per packet of both 500 ml or one litre.
Following the proposed increase in milk prices, Amul Slim and Trim (double toned milk) 500 ml pouch will be available for Rs 18.
The new prices of Amul Taza (toned milk) will be Rs 20 for 500 ml pouch and Rs 39 for one litre, Amul Gold (full cream milk) will be available at Rs 25 for 500 ml pouch and Rs 49 for one litre.
Amul Diamond (full cream premium milk) will cost Rs 26 for half a litre pouch.
After Delhi-NCR, the dairy cooperative is also planning to increase rates in other regions like Gujarat and Maharashtra, Sodhi said.
Amul sells about 30 lakh litres of milk per day in the Delhi-NCR region.
Meanwhile, Mother Dairy, another major milk supplier to Delhi-NCR, said it has no such plans.
The company is not increasing their prices. Whereas the Delhi-based dairy firm is looking to push its token milk sales as it is cheaper by Rs 3 to Rs 4 a litre compared to packed milk, a Mother Dairy spokesperson said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
07:53 PM IST