Mother Dairy full-cream milk, cow milk to be costlier by Rs 2 per litre in NCR from Sunday
"The dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about Rs 3 per kg in the last two months alone, owing to multi-fold increase in varied input costs," a Mother Dairy spokesperson said.
"The dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about Rs 3 per kg in the last two months alone, owing to multi-fold increase in varied input costs," a Mother Dairy spokesperson said.
The diary brand is a leading milk supplier in Delhi-NCR, selling more than 30 lakh litres per day.
Increased fodder prices and low rainfall in some northern states have aggravated the situation, the company said.
"We are therefore compelled to revise prices to support farmers and ensure availability of quality milk for consumers. In our endeavour to limit this impact on consumers, we are only revising the prices of full-cream and cow milk variants by Rs 2 per litre. The revision in these two variants is effective from October 16, 2022," the spokesperson said.
This is the third time the company has increased prices, hiking prices by Rs 2 per litre in March and in August.
With inputs from PTI
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.