Saturday, January 30, 2010

Amul to increase milk prices from February 1

Gujarat’s largest milk producer Gujarat Cooperative Milk Marketing Federation (GCMMF), selling its dairy products under the brand name ‘Amul’, has decided to increase the milk prices between Re 1 and 2 per litre.

The increase comes a few days after Agriculture Minister Sharad Pawar predicted rise in milk prices. “We have decided to increase milk prices of our brands ‘Taaza’ and ‘Slim and Trim’ by Re 1 a litre, while the prices of our brands like ‘Gold’ and ‘Shakti’ shall be increased by Rs 2 a litre with effect from February 1 in Gujarat only,” GCMMF Chief General Manager R S Sodhi said.
GCMMF has cited rise in input cost of raw material like cattle feed as a major reason behind the increase this year. “Due to increase in the input cost, we have to pay more to milk producers. Hence, the prices rise,” Sodhi said.

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