Mom Dairy hiked costs of milk for the fourth time this yr citing an increase in enter prices.
It raised value of of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in Delhi-NCR efficient Nov. 21.
“This yr, all the dairy business is witnessing an enormous hole within the demand and provide of milk. Uncooked milk availability has been impacted because of the elevated price of feed and fodder, erratic monsoon, and so on., placing a stress on uncooked milk costs,” a Mom Dairy’s spokesperson mentioned in a press release. “The outgrowing consumption as a result of a lift in demand this yr has led to a lot larger utilization of commodities.”
Full cream milk will now price Rs 64 per litre and token milk’s value is hiked to Rs 50 per litre. There is not any change within the value of 500ml packs of full cream milk.
The continued mismatch within the demand-supply, even after the festive season, has additional led to firming of uncooked milk costs, the assertion mentioned. The revision in costs is aimed to proceed to help the farmers with “proper remuneration” whereas guaranteeing high quality milk for shoppers.
