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
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
07:53 PM IST