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Prices of all its products hiked by Amul to the tune of 4.5%
July 6: Amul, India’s biggest dairy products maker has kiked the prices of its products by 4.5 percent across categories. RS Sodhi, Managing Director of Gujarat Cooperative Milk Marketing Federation, the owner of Amul branded products said that the company had not increased prices in the last financial year.
As for instance, different categories of milk sold under the Amul brand hasThe dairy cooperative cited higher input costs as the reason behind the milk price hike. It said the hike will be applicable across all cities where Amul sells its fresh milk. become costlier by Rs 2 per litre from July 1.
Prices of many essential FMCG products, along with the milk, have gone up in recent times due to higher input cost. As a result of higher inflation, prices of as edible oil, soap, tea and even packaged food grains have increased. Meanwhile, transportation charges have also gone up due to record high fuel prices. Amul as a policy passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers.