 "Farm ministry for inclusion of milk in price stabilisation fund")
Shares of dairy products were trading with substantial gains in the morning session on Wednesday. The Heritage Foods surged 2.50 per cent, while Hatsun Agro Product added 1.25 per cent.
The India’s largest producer of dairy products, Gujarat Cooperative Milk Marketing Federation, owner of Amul brand, announced a hike in milk price by Rs 2 per litre on Tuesday. The price hike translates into a 4 per cent hike on MRP. And this is the second price hike in the last 8 months, earlier was in July 2021.
The price increase could trigger a similar move by competing
The India’s largest producer of dairy products, Gujarat Cooperative Milk Marketing Federation, owner of Amul brand, announced a hike in milk price by Rs 2 per litre on Tuesday. The price hike translates into a 4 per cent hike on MRP. And this is the second price hike in the last 8 months, earlier was in July 2021.
The price increase could trigger a similar move by competing
