The Gujarat Co-operative Milk Marketing Federation (GCMMF), which sells milk and milk-based products under the brand name Amul, announced on Wednesday that it will raise prices for its fresh milk variants.
In a statement, the company said prices of its fresh milk variants will rise by Rs 2 to Rs 4 per litre, depending on the type. The prices will be effective from November 12.
"The Gujarat Cooperative Milk Marketing Federation (GCMMF) has announced a price hike of approximately 4 per cent to 5 per cent across major variants of Amul fresh pouch milk nationwide, effective November 12," it said.
Amul said the price hikes were necessary to offset steep rises in input costs across milk production, processing, packaging films, and fuel transportation over the past year.
There has been a significant increase in cost of green and dry fodder, cattle feed ingredients like oil cake, maize and molasses, milk packaging film and fuel during the year, Amul said.
"In the current challenging environmental circumstances due to low and uneven rainfall in Gujarat as well as many parts of India, we are constrained to increase the consumer price of milk to pay better prices to our producers and support them in these difficult times," it noted.
Track Latest News Live on NDTV.com and get news updates from India and around the world