Mother Dairy to hike milk price by Rs 2 per liter from tomorrow

Mother Dairy hikes milk prices by Rs 2/liter

Mother Dairy has decided to hike milk prices in Delhi-NCR market by Rs 2 per liter from Tuesday, citing rising input costs.

This is the fifth milk price hike this year for Mother Dairy, one of the main milk suppliers to Delhi NCR with a production of more than 3 million liters per day.

Mother Dairy raised the price of whole milk by Rs 2 to Rs 66 per litre, while blended milk from Rs 51 to Rs 53 per liter.

Bi-coloured milk price increased from Rs 45 to Rs 47 per liter.

Mother Dairy has decided not to increase the price of milk and tokenized (loose) milk variants.

Rising milk prices will hit household budgets.

Mother Dairy attributed the price increase to an increase in the company’s cost of sourcing raw milk from farmers.

“This has been an unprecedented year for the dairy industry. We have seen a significant increase in consumer and institutional demand for milk and dairy products, even after the holidays. On the other hand, raw milk purchases There was also no pick-up after the festival. Diwali was as expected,” the company said.

It noted that raw milk purchase prices rose by about 24% last year due to higher input costs and heatwave conditions.

“The pressure on raw milk prices is being felt across the industry, putting pressure on consumer prices. Whilst we are committed to continuing to pay farmers premium prices to mitigate the impact, we are severely constrained from revising consumer prices for some milk from 2022 Effective December 27, 2019 in Delhi NCR,” said Mother Dairy.

As a responsible organisation, the company said it was always working to strike the right balance between farmers and consumers. “…so we’ve been partially selecting variants and passing on the increased input costs to our consumers in stages.” Mother Dairy passes around 75-80% of the price paid by consumers to milk production business.

The company has made multiple rounds of price increases this calendar year. The last price increase was on November 21, when it raised the price of whole milk in the Delhi-NCR market by Rs 1 per liter and token milk by Rs 2 per liter.

This comes after Mother Dairy raised prices of whole milk and milk by Rs 2 per liter in Delhi NCR and some other markets in North India in October.

Prices have also been increased by Rs 2 per liter for all models in March and August.

Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk under the Amul brand, is also a major player in the Delhi-NCR market. It sells nearly 4 million liters per day. India is the largest milk producer in the world with an annual milk production of approximately 210 to 220 million tons.