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Amul Milk Prices Rise: What to Expect
11 Nov
Summary
- Amul milk prices increased by Rs 2 to Rs 4 per litre.
- Hike is due to rising costs of fodder, feed, packaging, and fuel.
- 80% of Amul's revenue goes back to 3.6 million milk producers.
Effective November 12, Amul is implementing a price increase for its fresh milk pouch variants nationwide. Consumers will see prices rise by Rs 2 to Rs 4 per litre, depending on the specific product. This adjustment represents a roughly 4 to 5 percent increase across major milk types.
The Gujarat Co-operative Milk Marketing Federation (GCMMF) cited a substantial escalation in input costs as the primary reason for the hike. These costs include expenses for green and dry fodder, essential cattle feed ingredients like oil cake and maize, milk packaging film, and fuel for transportation.
Amul emphasized that the price revision is crucial to offset these increased operational expenses and to support its milk producers. The cooperative structure ensures that approximately 80% of the revenue generated from consumers is returned to the 3.6 million milk producers. This measure aims to provide better prices to farmers, especially amidst challenging environmental conditions like uneven rainfall, and to encourage continued milk production.
