Bikanervala Foods not to hike prices of sweets as of now; to absorb increase in milk prices

New Delhi, June 03, 2024.

Bikanervala Foods Ltd said it will not increase the prices of sweetsas of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy.

With effect from Monday, Amul and Mother Dairy have increased the liquid milk prices by Rs 2 per litre.

“The recent surge in milk prices is likely to have an impact on the consumers and small sweet shop owners, leading to higher prices for milk-related products. However, it’s important to note that the demand for ‘mithai’ and other milk-based products may not be significantly affected by these rising costs,” said Manish Aggarwal, Director, Bikano, Bikanervala Foods Pvt Ltd.