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Amul milk price hike has caused panic among the people of the country. The Gujrat Cooperative Milk Marketing Federation Ltd (GCMMF) has increased the milk prices for the first time in the year 2023. The price of milk have been increased by Rs 3 per litre.
Amul Milk Price Hike
Amul company is one of the largest dairy product firm in the world. The company's reputation is well adressed in aborad as well. Considering its quality, the price seems to get higher every year. After the Amul milk price hike, the most selling Amul Taaza 1 litre milk pack will cost Rs 54. Other famous milk variants like Amul Gold and Amul Cow Milk will cost Rs 66 and Rs 56 per litre respectively.
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Amul: India's Fastest Growing FMCG
Fast-moving consumer goods (FMCG) consumer packaged goods, are products that are sold quickly and at a relatively low cost. These include packaged food that's preserved for long durations. FMCG is India's fourth largest growing sector and it has been growing quite efficiently.
Amul's worth at current times stands at Rs 61,000 Crore making it India's biggest FMCG company. It stands way ahead of other top FMCG companies like Hindustan Unilever, Nestle and others. Moreover, Amul is bigger than the combined entity of Nestlé, Britannia, Godrej, Dabur, Colgate.
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