Mother Dairy hikes milk prices by Rs. 2/liter in Delhi-NCR
What's the story
Mother Dairy has announced that it will raise milk prices in Delhi-NCR by Rs. 2 per liter from Sunday. The decision came just a few days after two other leading milk providers, Amul and Parag Milk Foods, hiked their rates by Rs. 2 per liter. Mother Dairy milk's prices will be revised in several other key markets, including Haryana, Western Uttar Pradesh, and Uttarakhand.
Statement
Manifold increase in input expenses: Company
The company stated it had been witnessing a manifold spike in various input expenses. Mother Dairy said procurement prices (paid to farmers) have increased by roughly 8-9% since July 2021, while other expenditures have also increased, Mint reported. It said the rise in farm prices is only being passed on to consumers in part, with an effective revision of just 4%.
Details
What are the revised prices?
Full cream milk will now cost Rs. 59 per liter, up from Rs. 57 per liter. Toned milk will cost Rs. 49 per liter, while double-toned milk would be priced at Rs. 43 per liter. Cow milk prices have been raised to Rs. 51 per liter. The price of bulk-vended milk (token milk) has been hiked to Rs. 46 from Rs. 44 per liter.
Twitter Post
Read the official announcement by Mother Dairy
Mother Dairy increases the price of milk by Rs 2. The prices will come into effect from tomorrow (March 6, 2022) pic.twitter.com/tuUy4u1Y6N
— ANI (@ANI) March 5, 2022
Other companies
Amul, Parag raised milk prices from this month
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and milk products under the Amul brand, earlier announced a Rs. 2 per liter hike in the milk pricing effective March 1. Another dairy firm, Parag Milk Foods Limited, had also announced an increase in the price of its Gowardhan brand cow milk by Rs. 2 per liter with effect from March 1.
Data
Delhi-NCR main consumer of Mother Dairy, Amul
The GCMMF sells 1.5 crore liters of milk each day, with roughly 37 lakh liters going to Delhi-NCR. Similarly, Mother Dairy sells around 30 lakh liters of milk per day in Delhi-NCR through vending machines and poly packs.