GCMMF that sells milk and milk products under Amul brand will not increase milk prices this summer, reports TOI.
GCMMF’s managing director R S Sodhi said the Gujarat dairy cooperative will continue to procure enough milk and overcome the problems arising out of fuel price hike.
With 60% decline in commodity sales due to depressed market conditions in the global and local market, GCMMF’s total turnover had registered a growth of 8 % over the previous year.
GCMMF had a turnover of Rs 29,220 crore in 2017-18 while its brand Amul crossed the Rs 41,000 crore mark.