How does the milk prices move from here onwards was being asked to Jayen Mehta MD Amul by CNBC TV 18. His answer was straight . he told this time to be a tight rope walk for all the dairy players.
He further added that Amul has increased milk prices 6 times in last 4 years and that too matching with an average inflation rate of 6%. He also told that inflation to consumer is an income to the dairy farmers.
He is quiote positive of getting more milk in organised sector. It impacts the farmers income positively but while taking care of the farmers the EBIDTA goes down in India. At global level it is the higher margin captured by players upto an extent of 30% which is putting pressure on global prices going down.
Source : CNBC TV 18 youtube channel April 18th 2023
