For the fourth time this year, Mother Dairy, one of the top milk suppliers in Delhi-NCR with daily volumes of more than 30 lakh litres, has increased milk pricing. Mother Dairy has raised the cost of full-cream milk by Rs. 1 to Rs. 64 per litre, according to a company representative.
Due to a rise in input costs, Mother Dairy has decided to increase the price of full-cream milk by Rs 1 per litre and toked milk by Rs 2 per litre in the Delhi-NCR market, effective Monday.
For the fourth time this year, Mother Dairy, one of the top milk suppliers in Delhi-NCR with daily volumes of more than 30 lakh litres, has increased milk pricing.
Mother Dairy has increased the cost of full-cream milk by Rs 1 to Rs 64 per litre, according to a company representative. The cost of full-cream milk packaged in 500 mL containers has not altered, according to the business.
Beginning on Monday, the price of token milk (bulk vended milk) would increase to Rs 50 per litre from Rs 48.
Budgets for households will be impacted by the increase in milk costs at a time when food inflation is already high. The price increase was attributed by Mother Dairy to a rise in the price of raw milk from dairy producers.
The representative continued, “This year, the entire dairy business is seeing a mismatch in milk demand and supply.”
The company said that the unstable monsoon, rising feed and fodder costs, and reduced raw milk availability have affected raw milk prices. Mother Dairy also reported a rise in the demand for processed milk.
“Prices for raw milk have risen even after the Christmas season due to the persistent demand-supply imbalance. We must thus pass on some of the effects of the change in consumer prices for some versions “so says the spokeswoman.
Mother Dairy claims that the price hike will enable the business to maintain paying farmers a fair wage while supplying consumers with milk of the highest calibre.
Mother Dairy reimburses milk producers for about 75% to 80% of the prices customers pay.
On October 16, Mother Dairy increased the cost of full-cream and cow milk in Delhi-NCR and a few other North Indian markets by Rs 2 per litre. All versions’ prices increased by Rs 2 per litre in March and August.
Another prominent competitor in the Delhi-NCR market is the Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk under the Amul brand. It sells close to 40 lakh litres each day. About 210 million tonnes of milk are produced annually in India, the greatest producer in the world.