Change the iTunes default Backup folder location for Windows 10

I have recently bought a new Windows PC that has a 128GB SSD (C Drive), and a 2TB HDD (D Drive).

In my earlier PC, the size of my iTunes Backup folder is 70GB, and the location of the Backup folder in my earlier Windows 10 PC was the default location, i.e.,

C:\Users\ShivTodi\AppData\Roaming\Apple Computer\MobileSync\Backup 

In my new Windows10 PC, the default location of the iTunes Backup folder is:-

C:\Users\shivk\Apple\MobileSync\Backup

(Please note there is a change in the default location of the Backup folder)

 Most of the 128GB capacity of the C Drive of my new PC is taken by the Windows 10 OS, leaving hardly any space for Backup data. Since my D Drive is huge, I wish to change the default location of my iTunes Backup folder from C Drive to D Drive.

I will be grateful for help.

Thanks