Google's cloud-based service, where users are given space to store up their documents up to certain level, is a free service when it comes to space offered which is up to 15GB. Only last year Google tripled the amount of free space from 5GB to 15GB.
However, if you need more space in the Drive, Google has a premium service which users can buy. Previous to this, the 100GB was once $5 (approx. Rs. 305) each month; 1TB was once $50 a month and the maximum storage space used to be 16TB for $800 monthly.
Now there's some good news for heavy volume users in Google Drive as the company has now announced to offer as much space as 30TB for just $300 per month which is about 80% less than the normal price. This is a big threat against Dropbox which runs similar business by offering space for your documents on cloud-based platform.
Scott Johnston, a director of Google product management, said in a post on Google's blog site that the prices were cut due to "a number of recent infrastructure improvements." He further added, "We're able to make it more affordable for you to keep everything safe and easy to reach on any device, from anywhere."
If you have not used the Drive before, the data stored on it can also be accessed from Gmail and Google+ Photos.
Google Drive users already signed up for previous plans will automatically be moved to a similar new plan at no additional cost, according to Johnston.