In March 2022, a full-cream packet of Amul milk cost ₹60/litre. The one-litre pouch now costs ₹66. Since 2021, milk prices in India have been on a boil. Prices have been hiked across brands and the recent hike in February 2023 was Amul’s fifth increase since 2021.
In April 2023, the average price for a litre of milk in India was ₹57, which is about 12% higher than ₹51 in April 2022. The average milk price is the highest in Lucknow and Guwahati at ₹66/litre and ₹65/litre, respectively. Southern cities such as Bengaluru and Chennai have relatively lower milk prices.
In the past year, Ernakulam saw the highest rise in milk prices at 19%, followed by Mumbai, Lucknow and Jaipur which saw over 10% rise ( chart 1).
