Mumbai Milk Prices Jump ₹9/Litre Ahead of Festive Season
What Happened
The Bombay Milk Producers Association (BMPA) has raised Mumbai's wholesale milk price by ₹9 per litre, taking it from ₹93 to ₹102 per litre from September 1. The revised rate will remain in effect until February 28, 2027.
Key Takeaways
The hike, driven by rising cattle feed, fodder and maintenance costs, is likely to push up retail milk prices and may also increase the cost of dairy products such as curd, paneer and sweets ahead of the festive season.