Amul to raise milk prices by `2 a litre

AHMEDABAD: Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk, has decided to raise the price of all Amul milk variants by Rs 2 a litre .
R S Sodhi, managing director, GSMMF, said that, “We are raising prices in Ahmedabad and Saurashtra from today, and other regions would follow soon, in around a week or 10 days time.”
Amul earlier had raised prices of milk in October 2013.
As for the reasons behind the price rise he said, “Cost of production as well as inflation are the major reasons, and production is also down during the summer months.” Sodhi added that GCMMF had been paying 10-12% higher price for procurement from farmers in the last two to three months, while compared to the year before period, the prices are up by around 18%. Milk production is also down by around 25% during summer months, which is traditionally the calving season for bovine animals.
GCMMF procures nearly 12 million litres of milk per day and sells around 4.5 million litres per day in Gujarat.
—Agencies