Mother Dairy hikes milk prices in Delhi
Posted on: 09:34 PM IST Sep 07, 2012
New Delhi: Mother Dairy on Friday announced an increase of up to Rs 2 a litre in milk prices in the Delhi-NCR region with effect from September 8. Full cream milk will be dearer by Rs 2 per litre, while other variants will be costlier by Re 1 a litre.
One litre of full cream milk (poly pack) will now cost Rs 39, toned milk (poly pack) Rs 30, token milk Rs 28, double toned Rs 26 and skimmed milk Rs 22.
Mother Dairy, the largest supplier of milk in the Delhi-NCR, sells more than 30 lakh litres per day (both loose and poly-pack) in the region.
"We have raised milk prices by 4 per cent. For the last one year, we have been holding prices. But now we are forced to increase it because procurement prices have gone up and also the cost of other inputs such as power, diesel and packaging material have increased," Mother Dairy Managing Director S Nagarajan said.
In April this year, Amul and Kwality Dairy had increased prices, but Mother Dairy decided against any hike.
The company in statement said it "passes on 75-76 per cent of the consumer price to rural farmers. This may probably be one of the best and most efficient means of ensuring inclusive growth".