Aavin pays out of pocket as TN govt yet to approve milk price hike
Citing fund crunch and escalating debts, the state government has asked Aavin to independently handle the additional expenses owing to a hike in milk procurement prices by Rs 3 per litre since December 18. Aavin, which has been grappling with fund shortage, requires Rs 27-Rs 28 crore a month (Rs 325 crore a year) to […]
Amul hikes milk prices by ₹3 per litre; Gujarat exempted
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the brand name ‘Amul’, on February 3, 2023 increased the prices of milk by ₹3 per litre for all markets except Gujarat. Jayen Mehta, Managing Director of the Anand-headquartered federation, said the hike in milk prices is not applicable to Gujarat. Times […]
Mother Dairy to hike milk prices by ₹ 2 per litre from Tuesday
Leading dairy player Mother Dairy has decided to increase milk prices by ₹2 per litre in the Delhi-NCR region effective Tuesday. The company said this was being done in response to the sharp increase in procurement prices of raw milk over last year by 24 per cent. This is the fifth round of price hike […]
Amul to hike its ghee price by Rs 30 per kg
At present, a one kilogram pouch of Amul Ghee and Sagar Ghee in Ahmedabad is selling at Rs 530, while private brands such as Gowardhan is selling the same pouch at Rs 699. In a fortnight, a kilogram of Amul Ghee will cost Rs 30 more across India, after the Gujarat Cooperative Milk Marketing Federation (GCMMF) took […]
As whole sale milk price simmer, dairy cos may take further hike
With the price of wholesale milk continuing to rise across the country, dairy companies will need to increase prices again in the second half of FY23, according to a report by ICICI Securities. These companies will need to focus on increasing the share of Indian value-added products to protect their profitability, analysts at the brokerage […]
Assam: Purabi Dairy hikes milk procurement rate
Bringing cheers to thousands of dairy farmers, West Assam Milk Producers’ Cooperative Union Ltd (WAMUL) on Monday said it has hiked the milk procurement rate by Rs 2 per kg with immediate effect. The decision by the Guwahati-based cooperative, which markets milk and milk products under the Purabi Dairy brand, will directly benefit around 25,000 […]
