At the end of 2022, Microsoft announced that the new generation of games from Xbox studios will be sold for $69.99. Does not exclude the management of Microsoft Gaming and a massive increase in prices for consoles or subscriptions. At the same time, there are separate regions where prices are growing “pointwise”, and India is one of such regions.
According to well-known insider Rishi Alwani, who is directly connected with the gaming market in India, the Xbox Series S game console will cost INR 39,990 starting January 10, which is approximately $483 at today’s exchange rate. It’s worth mentioning that the Xbox team most recently raised the price of the Xbox Series S in India in August 2022, when the price went up to INR 37,990, roughly $458.
Thus, the cost of the Xbox Series S in India is already almost 2 times higher than the cost of the console in the US. At the same time, the price of the Playstation 5 without a disc drive in India is 39,990 rupees (as of October 2022, it is difficult to buy a Playstation 5 in India at a recommended price), that is, now it is identical to the cost of the Xbox Series S.
It must be said that the Indian gaming market has been growing rapidly in recent years. However, it still has a small share of the Xbox, most of the market belongs to the Playstation.