Milk powder to be released to market in April with no increase in prices: MILCO chairman 20. Mar.2022
The MILCO Private Limited said they have resumed the milkpowder manufacturing process and stocks will be back on the market shelves by April without increasing its prices, its chairman, Renuka Perera said.
He said the milkpowder manufacturing was on hold during the last four months.
He said fresh milk will be acquired directly from the dairy farmers and another plan is to be executed to provide fresh milk for the people in the urban areas starting next week at a concessionary price structure.
To manufacture 35,000 milk packets the MILCO needs 100,000 litres of fresh milk per day.
However, required milk powder pouches will be released to consumers during the new year, Perera said.
Though there is an increase in the price of raw materials, it will not be passed on to the consumer, the Chairman added.