- Media Coverage
- 27 Apr 2018, Network 18
Decriminalising Section 377: How the Archaic Law Hurts Straight Men and the Indian Economy
India is missing out on what is internationally known as ‘Pink Money’, a reference to the reported ‘purchasing power’ of gay men and also the thriving industry for LGBTQ products, services and merchandise. According to a report in Bloomberg, the American LGBTQ community had a purchasing power of a whopping $917 billion in the year 2015.
“If not now, then when?” is the mantra for hotelier Keshav Suri, scion of the late hotel magnate Lalit Suri and Executive Director of the Lalit Suri Hospitality Group that owns the LaLit chain of hotels.
Suri is referring to a fresh writ petition that he has filed with the Supreme Court this year in favour of decriminalising Section 377 of the Indian Penal Code.
About The LaLiT Hotels
The Lalit Suri Hospitality Group, an enterprise of Bharat Hotels Limited is India’s largest and the fastest growing privately owned Hotel Company. The company offers Seventeen luxury hotels, with 3600 rooms in the five-star deluxe segment with eleven operational hotels and six under development/restoration (including three overseas). The operational hotels include The Lalit New Delhi, The Lalit Mumbai, The Lalit Grand Palace Srinagar, The Lalit Golf & Spa Resort Goa, The Lalit Ashok Bangalore, The Lalit Laxmi Vilas Palace Udaipur, The Lalit Temple View Khajuraho, The Lalit Resort & Spa Bekal (Kerala), The Lalit Jaipur, The Lalit Chandigarh & The Lalit Great Eastern Kolkata. The Group has also forayed into mid-segment hotels under the brand – ‘The Lalit Traveller’. The first two hotels under this brand opened in Jaipur and Khajuraho with 25 more hotels planned in the next five years.