The prices of branded milk and dairy products have been hiked by the private dairy companies. The companies have announced a Rs 2 hike per litre of milk.Consumers will pay Rs 38 a litre for standardised milk against Rs 36 previously and Rs 42 a litre (Rs 40) for full cream milk.
The hike has been announced by leading brands including Tirumala Milk, Dodla Dairy, Jersey Dairy and Heritage.
According to a senior executive in a dairy, the hike is in line with the increasing prices of raw materials and input costs.