Amul milk to increase price by Rs2/litre across all brands

Amul has hiked milk prices by Rs 2 per litre with effect from July 1 across all brands, a senior Gujarat Cooperative Milk Marketing Federation (GCMMF) official said on Wednesday. For the 500 ml packet of Amul Shakti, Amul Gold and Amul Taaza, Amul will charge Rs 1 more. Accordingly, a litre packet of Amul Gold milk will now cost Rs 58.

He said the price was being hiked after a gap of nearly one year and seven months which became necessary due to an increase in the production cost.

The new rates of Amul milk will come into effect from July 1 and applicable in Delhi, Gujarat, Punjab and other states, according to the Gujarat-based dairy cooperative society.

"Prices of Amul milk will be increased by Rs 2 per litre across India from tomorrow. The new prices will be applicable on all Amul milk brands like Gold, Taaza, Shakti, T-special, as well on cow and buffalo milk," said RS Sodhi, Managing Director, GCMMF, which markets Amul brand of milk and dairy products.

Sodhi said the hike in the milk price became necessary due to the rise in food inflation. "Additionally, the cost for packaging has gone up by 30 to 40 per cent, the transportation cost by 30 per cent, and the energy cost by 30 per cent, which led to the increase in the input cost," he said.