Milk price hike: many cut consumption or switch to cheaper brands
Mother Dairy, earlier this week, hiked the milk prices of its brands by Rs 2 per litre in Delhi-NCR. The price hike is applicable in Delhi-NCR as well as other markets, the company said. Amul also increased its milk rates by Rs 2 per litre across all its brands. A survey conducted, LocalCircles, after the […]
Aavin increases price of 5-litre green magic packet
Responding to rumours of hike in milk price, Aavin said on Saturday that only the price of 5-litre green magic (standardised milk) packet has been increased to ₹220 from ₹210. The packet is meant for commercial use and not for domestic consumers. A press release from Aavin, the Tamil Nadu Cooperative Milk Producers Federation, said […]
Nestle India may hike prices, to venture into small towns
Amid inflationary pressures across industries, Fast-Moving Consumer Goods (FMCG) major Nestle India could look at hiking prices in extreme cases where where it unable to absorb the rise in commodity prices. The company has shifted its focus on brands that will provide better value outcomes. Speaking to businessline Suresh Narayanan, Chairman and Managing Director of Nestle India, […]
KMF seeks hike in milk price, Bommai in dilemma
The Karnataka Milk Federation (KMF) has appealed to the State government to increase the price of milk by Rs 3 per litre. With this, the price of milk products, including ghee, butter, curd and buttermilk, is also expected to increase. The demand is not new, with KMF making repeated pleas for an increase in rates. […]
