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- Amul Will Increase The Price By Rs 2 Per Liter, The New Price Will Be Applicable From July 1
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Amul is the dairy brand of Gujarat Co-operative Milk Marketing Federation (GCMMF). The annual turnover of GCMMF is equal to $550 million
- Amul sells a variety of products with milk
- It has other products including ice cream, cheese and ghee.
Amul, a brand of Gujarat Cooperative Milk Marketing Federation (GCMMF), has decided to increase the prices of milk. Prices will be increased by Rs 2 for every liter. This new price will be applicable from July 1. With this, the cost of one liter will now be Rs 48. Earlier it was Rs 46.
Prices increased after one and a half year
The company said that after about one and a half years, the prices of milk will increase. The reason behind increasing the prices has been said to benefit the farmers. Also, due to increase in packaging cost, logistics and commodity prices, it was necessary to increase milk prices. The company sells butter, cheese and ice cream under the Amul franchise.
Price will be applicable across the country
The company said in a statement that the price hike will be applicable across the country. Wherever Amul’s fresh milk is available, its customers will have to pay this price. An increase of Rs 2 per liter in milk prices means an increase of 4%. However, this increase is less compared to the inflation of food articles. The company said that due to increase in input cost, our members have increased the price of milk supplied by the farmers. Now its range has become 45 to 50 rupees a liter.
Milk producers get 80 paise
GCMMF said that under Amul’s policy, about 80 paise is given to milk producers for every rupee paid by customers. The increase in prices will help the milk producers. Amul is ranked 16th in the list of top 20 dairy companies in the world. It is the only company in India that has been able to make a place in the dairy companies globally.
Amul currently manufactures a wide variety of products. Let us tell you that even after being the largest milk producing country, till now no dairy company of India had joined this list. Amul is the dairy brand of Gujarat Co-operative Milk Marketing Federation (GCMMF). The annual turnover of GCMMF is equal to $550 million.