₹1 per half litre and ₹2 per litre in all segments of its packed milk category on 2 June, and the new price will be effective from 3 June, reported news agency ANI.With this hike, Amul Gold and Amul Taaza's prices will be ₹2 more per litre, Amul Buffalo Milk by ₹3 per litre and the rest by ₹1 per litre.ALSO READ: India’s GDP likely grew below 7% in Q4FY24; 5 experts share their views on Indian growth outlook"The Gujarat Cooperative Milk Marketing Federation (GCMMF), marketer of milk and milk products under the brand name Amul, has increased the prices of fresh pouch milk by approx. ₹2 per litre effective from 3rd June'2024 in all the markets across the country." ANI quoted GCMMFL statement.
"The increase of ₹2 per litre translates to range of 3-4% increase on MRP which is much lower than average of food inflation. It is worthwhile to note that since Feb'2023, Amul has made no increase if prices of Fresh Pouch milk in major markets," it added.ALSO READ: 'Stocks intended for...': Rameshwaram Cafe clarifies after expired Urad Dal, Nandini milk are found on premisesAccording to the report, the price hike has been done to cope up with the overall cost of operation and production of milk.Citing the reason for the hike, Amul said, "This price hike is being done due to increase in overall cost of operation and production of milk.
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