Going by the discounts they are giving to consumers, there is suspicion over their claims of incurring monthly losses of between Rs. 30 million and Rs. 40 million.
At Rs. 280 per 400 gram pack, the lowest priced milk powder is Red Cow, marketed by Fonterra.
However, it is giving a 10 per cent discount and selling a pack at Rs. 252.
Maliban Milk Products too is giving a Rs. 20 discount and selling a pack at Rs. 325.
Await further revelations about milk powder…