Mother Dairy to hike milk prices by ₹2-4/litre

Mother Dairy said it is raising prices of its liquid milk variants in the range of ₹2-4 per litre, effective November 12 in the Delhi-NCR market . It is expected to hike prices in other markets too in a phased manner. The company said this was due to higher fodder prices and other inflationary pressures.

In a statement, a Mother Dairy spokesperson said , “Uneven monsoon conditions in several parts of the country have impacted fodder availability – green and dry fodder prices have increased by up to 20 per cent, while cattle feed prices have risen by around 10 per cent over the past year – adding to the cost of milk production for dairy farmers. Additionally, persistent inflationary pressures have driven up packaging, transportation and other operational costs by up to 25 per cent. This sustained increase in input and operational costs has necessitated the present revision in consumer milk prices.”