Amul reduces milk prices by Re 1 across India for one-litre packs – Here’s the reason why

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the popular Amul brand, has announced a Re 1 reduction in milk prices for one-litre packs across India. The move aimed at encouraging consumers to opt for larger packs also marks a slight relief for households amid rising costs.

Speaking to PTI, GCMMF Managing Director Jayen Mehta said, “We have reduced the prices of one-litre packs by Re 1 per litre across India to incentivise consumers to purchase larger packs of milk.”

In Delhi, Amul Gold is now priced at Rs 67 per litre, down from Rs 68, while Amul Taaza is available at Rs 55 per litre, compared to Rs 56 earlier.

Also ReadAdani dismisses reports of Lanka power project cancellation

GCMMF, the world’s largest farmer-owned dairy cooperative, boasts an impressive network of 36 lakh farmers across 18,600 villages in Gujarat. The federation handles an average of 310 lakh litres of milk daily and has an annual milk processing capacity of approximately 500 lakh litres.

In the 2023-24 fiscal year, GCMMF’s turnover grew by 8% to Rs 59,445 crore. Mehta previously stated that the cooperative anticipates double-digit revenue growth this year, driven by strong demand.

Beyond domestic success, Amul has expanded its footprint internationally, exporting dairy products to 50 countries. Notably, last year, GCMMF launched four milk variants in the US, targeting the Indian diaspora and Asian communities.

 » Read More

Related Articles

Is your mutual fund return silent on the risks?

The Securities and Exchange Board of India (SEBI) has mandated that mutual funds disclose risk-adjusted returns (RAR), specifically through the Information Ratio (IR), to enhance transparency and assist investors in making informed decisions. While compounded annual growth rate (CAGR) is a widely used measure to show the average growth rate of a fund, it does

GeM facilitated Rs 4 lakh crore transactions till January

India’s public procurement platform Government e Marketplace (GeM) has facilitated transactions of Rs 4 lakh crore till January. As on 23rd January, 2025, GeM has clocked a gross merchandise value of Rs 4.09 Lakh Crore, which marks a growth of nearly 50% over the corresponding period last FY, a statement said. Also ReadAmul reduces milk

DLF reports 61% y-o-y surge in net profit

Beating Street estimates, DLF, the country’s largest listed real estate developer, reported a 61% year-on-year (y-o-y) surge in net profit for Q3FY25, reaching Rs 1,059 crore, compared to Rs 657 crore in the same quarter of the previous financial year. Analysts had projected a profit of Rs 868 crore. However, the company’s revenue fell short

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Is your mutual fund return silent on the risks?

The Securities and Exchange Board of India (SEBI) has mandated that mutual funds disclose risk-adjusted returns (RAR), specifically through the Information Ratio (IR), to enhance transparency and assist investors in making informed decisions. While compounded annual growth rate (CAGR) is a widely used measure to show the average growth rate of a fund, it does

GeM facilitated Rs 4 lakh crore transactions till January

India’s public procurement platform Government e Marketplace (GeM) has facilitated transactions of Rs 4 lakh crore till January. As on 23rd January, 2025, GeM has clocked a gross merchandise value of Rs 4.09 Lakh Crore, which marks a growth of nearly 50% over the corresponding period last FY, a statement said. Also ReadAmul reduces milk

DLF reports 61% y-o-y surge in net profit

Beating Street estimates, DLF, the country’s largest listed real estate developer, reported a 61% year-on-year (y-o-y) surge in net profit for Q3FY25, reaching Rs 1,059 crore, compared to Rs 657 crore in the same quarter of the previous financial year. Analysts had projected a profit of Rs 868 crore. However, the company’s revenue fell short

Pidilite adds more colour to its paints venture

Pidilite Industries, best known for adhesive brands Fevicol and Fevikwik, is looking to grow its paints venture called Haisha, which launched in select markets last year (FY24). Talking to FE, Sudhanshu Vats, MD designate, Pidilite, said the company was perfecting its paints business model, targeting mainly rural and semi-urban consumers currently. The venture could be

No tax liability on receiving money from NRI relative; your queries answered

By Neeraj Agarwal My wife and I are NRIs living in Dubai. She wants to gift some money to her sister in India. What will be the tax treatment and can it be transferred from her Dubai bank account?     —Madhav Nair Your wife can gift money to her sister in India without any tax liability