Amul cuts milk costs for one-litre packs by ₹1 throughout India

Gujarat Cooperative Milk Advertising and marketing Federation (GCMMF), which markets dairy merchandise beneath the Amul model, has lowered milk costs by ₹1 per litre throughout India.

Nevertheless, the discount in costs is just for one-litre packs.

“We’ve lowered the costs of one-litre packs by ₹1 per litre throughout India,” GCMMF managing director Jayen Mehta instructed PTI.

“That is to encourage customers to purchase bigger packs of milk and get incentive for a similar,” he stated.

In Delhi, the speed of Amul Gold milk has been lowered to ₹67 from ₹68 per litre whereas worth of Amul Taaza will now be ₹55 from ₹56 per litre earlier.

GCMMF’s turnover elevated 8% to ₹59,445 crore within the 2023-24 monetary yr.

Additionally Learn | Amul goes international: A have a look at the dairy big’s journey from Kaira to U.S. 

Mr. Mehta had earlier stated that the cooperative is anticipating double-digit progress in income throughout this fiscal on robust demand.

GCMMF dealt with 310 lakh litres of milk per day on common over the last fiscal. It has a complete annual milk processing capability of round 500 lakh litres.

GCMMF is the world’s largest farmer-owned dairy cooperative having 36 lakh farmers throughout 18,600 villages of Gujarat and its 18 member unions procure 300 lakh litres of milk per day.

It additionally ranks eighth among the many prime 20 dairy corporations on the earth when it comes to milk processing, as per the Worldwide Farm Comparability Community (IFCN).

In addition to the home market, GCMMF is exporting dairy merchandise to about 50 international locations.

Final yr, GCMMF entered the U.S. market with the launch of 4 variants of recent milk to cater to the Indian diaspora and Asian inhabitants.