Mother Dairy hikes milk prices up to Rs 3 per litre

New Delhi, May 27: Mother Dairy today announced an increase of up to Rs 3 per litre in milk prices in Delhi-NCR region from tomorrow, citing rise in input costs.

Full cream milk will be dearer by Rs 3 per litre, while other variants will be costlier by Rs 2 per litre.

One litre of full cream milk (poly pack) will now cost Rs 42, toned milk (poly pack) Rs 32, token milk Rs 30, double toned Rs 28. However, prices of skimmed milk have been kept unchanged at Rs 22 per litre, Mother Dairy said in a statement.

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.

"Price hike has been necessitated due to significant increase in raw material costs (farmer prices) by almost 10 per cent over last year, power tariffs, petroleum prices and other costs," the company said.

Prices have been increased to maintain viability of operations and to be able to adequately cater to the growing liquid milk demand of the consumers in NCR, it added.

Early this month, Amul had increased milk prices by Rs 2 per litre.

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".

PTI