• Tuesday, April 23, 2024

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Gay sex ruling to free India’s ‘pink economy’

India’s top court scrapped a colonial-era ban on gay sex on Thursday in a landmark judgement that activists hope will uphold the right to equality. (ARUN SANKAR/AFP/Getty Images)

By: Keerthi Mohan

From LGBT nightclubs to “gaycations” and more, a court ruling legalising homosexuality in India is set to unlock one of the world’s largest “pink economies”, experts say. The supreme court’s historic decision last week to scrap a colonial-era ban on gay sex sparked joy as activists held rainbow-coloured celebrations across the country. Now the community can expect to see businesses lining up to offer a range of tailored products, in fashion, health and other industries, providing a massive boost to Asia’s third-biggest economy. “It can bring billions of dollars to the Indian economy if they can activate the spending of gay people in India,”…

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