Microsoft to raise rates of software products in India by 10 to 25% : Report

Microsoft is reportedly planning to raise the prices of all its software products in India by 10 to 25 percent reports The Times of India.
The price hike is mainly on the basis that Microsoft will be launching a slew of new products that include new versions of Windows and Office and the idea is to bring the prices on a level playing field when compared to the international market.
Prices of Microsoft products are lower in India when compared with developed markets and as Microsoft believes India is a mature market, it expects the country to absorb the price hikes without much trouble.
While the software products of the company are likely to see a price hike, hardware products like the Xbox game console are likely to remain unaffected. Earlier in the year, Microsoft’s rival Google raised rates of its online storage services and Microsoft is expected to follow suit. That said, this is not the first time Microsoft has raised the prices of its products in India.
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