Will there not be an increase in the price of Amul milk? Know what the Managing Direct of GCMMF said
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New Delhi : More recently, an announcement was made by the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF) to increase the price of Amul milk by Rs 2 per litre. This increase was done for Gujarat. Earlier on February 2, the price of Amul milk was increased by Rs 2 per liter in other states of the country. Meanwhile, Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which sells milk products under the Amul brand, has said that at present, it has no plans to increase milk prices. When asked about the price of milk, GCMMF Managing Director Jayen Mehta said that at present we have no plans to increase the prices.
increase in input cost
Jayen Mehta, managing director of GCMMF, said the cost price has gone up by 15 per cent in a year, forcing the union to increase the retail price marginally last year. At the beginning of the month, the price of Amul milk was increased by Rs 2 per liter in Gujarat. Prior to this, the price of Amul milk was increased by two rupees per liter in other states of the country in February. Jayen Mehta further said that the GCMMF did not increase prices in 2020 and 2021 due to the Corona pandemic, but prices were increased on a few occasions last year. He said that CMMF gives about 80 per cent of the retail price to milk producing farmers.
Demand for dairy products increased during Corona period
The company has projected a 20 per cent increase in revenue to Rs 66,000 crore for the financial year 2023-24 amid growing demand for milk, he said. The company did a turnover of Rs 55,055 crore in the financial year 2022-23, which is 18.5 percent more than a year ago. GCMMF said that the demand for dairy products had increased significantly after the Corona period, which saw a strong increase in the company’s revenue in the last financial year. He said that it is expected that the sales of all the products will continue at this pace. Demand is now shifting from unorganized sector to organized companies.
Amul milk became costlier by Rs 3 in February
Let us inform that on February 3, 2023, Milk Producers Union GCMMF had increased the prices of Amul milk by Rs 3 per litre. After this increase, the price of Amul Gold is Rs 66 per litre, Amul Fresh is Rs 54 per litre, Amul Cow milk is Rs 56 per liter and Amul Buffalo milk is now priced at Rs 70 per litre. After this, other companies selling milk in the country also increased the prices of their milk.
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