India's New Market: Homosexual Relationships Legalised
In an historic ruling, consensual homosexual sex was decriminalised in India on September 6. As the country with the second largest population in the world, this development allows a huge demographic to live their lives as they choose, without fear of legal repercussions (US Census Bureau, 2018).
The legalisation of same-sex relationships will encourage tourism from the global LGBTQ+ travel market, which is valued at $211bn annually (Peter Tatchell Foundation, 2018). Products and services catering to the particular needs of India's LGBTQ+ community will now also be legally permitted. So it's no surprise that a recent report demonstrates a strong correlation between LGBTQ+ inclusion and economic development (Open for Business, 2018).
The legalisation of homosexual relationships in India opens a new market to businesses and companies that seek to support the interests and requirements of those in the LGBTQ+ community. However, while the law may have changed, India remains a largely conservative society.