It is not just the gay community and its supporters that are cheering the re-look at section 377 of the Indian Penal Code. Joining the celebrations are innovative businessmen who foresee a direct upswing in their top lines because of the New Delhi High Court’s move to decriminalise homosexuality. The increasing numbers of people coming out of the closet due to this ruling are part of an attractive
consumer segment.
(This story appears in the 20 November, 2009 issue of Forbes India. To visit our Archives, click here.)
With the Centre Govt. having told the SC that anti-homosextuality has never been indian concept from early days, the Apex court is likely to upheld the Allabahad High court decision to decriminalise consenting homosexual acts in private. If that happens, consenting homosexual acts in private will become legal in India. Indian LGBT market requires to be ready to come up to the desires of its community as soon as possible!
on Mar 24, 2012