While gamers all over the world are crying for a price drop, our friends over at India buy their PS3 and Xbox 360 at US$ 980 and US$ 600 respectively. Even with such expensive consoles, analyst group iSuppli believes that the industry will reach US$ 125 million on 2010, from last year's US$ 13 million.

Milestone Interactive Software distributed the PS3 at almost a thousand bucks, but 1,200 units have been sold so far. Year end goal of 10,000 units sold will be hard according to the group, because of Xbox 360 and its "major price differential compared to its competitor."

Having to pay for duties doesn't help, which is almost 35% the product price in India. Microsoft's box also have the earlier release advantage, and localizing support that iSuppli calls "its commitment to customizing its titles for Indian tastes."

“The console gaming segment is not very sizeable in India. However, future growth expectations and consumerism are prompting companies to establish themselves in India," said analyst Ashish Thakre from the group. That means there shouldn't be any wars - we should be happy that the industry is booming in more countries.