Mother Dairy announced a Rs 2 per litre hike in milk prices in the Delhi-NCR market, effective from Monday, June 3, 2024. This price adjustment applies to all milk variants and other markets where Mother Dairy operates, driven by rising input costs over the past 15 months.
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The price hike follows a similar announcement by Amul, which raised its milk prices by Rs 2 per litre starting Monday. These increases come immediately after the conclusion of the Lok Sabha election voting process.
Mother Dairy stated, «We are increasing our liquid milk prices by Rs 2 per litre across all operating markets from June 03, 2024 onwards.» This decision aims to offset the rising production costs that have been affecting the industry for over a year.
In the Delhi-NCR region, the new prices are as follows: full cream milk at Rs 68 per litre, toned milk at Rs 56 per litre, and double-toned milk at Rs 50 per litre. Buffalo and cow milk prices are now Rs 72 and Rs 58 per litre, respectively, while token milk (bulk vended milk) will be sold at Rs 54 per litre.
Mother Dairy, which distributes 3.5 million litres of fresh milk daily in Delhi-NCR, last adjusted its prices in February 2023. The company explained that despite higher procurement costs, consumer prices had been maintained. Additionally, the unprecedented heat stress across the country is expected to further impact milk production.
«Despite paying higher prices towards milk procurement in