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Nagarathar community to launch Rs 500-cr fund

The Nattukottai Chettiars hope the fund will restore the community's entrepreneurship legacy

Nagarathar Vairavan Temple
premium

Nagarathar Vairavan Temple

T E Narasimhan Chennai
The Nattukottai Chettiars, which have prominent members like P Chidambaram and A Vellayan, are planning to launch a Rs 500 crore fund to revive entrepreneurship among the community.

The decision was taken at the International Business Conference of Nagarathars held in the United Arab Emirates this week. The conference is held every two years to inspire and empower the growing Nagarathar business community.

The first two such conferences were held in 2013 and 2015. The focus in 2013 was to instill the legacy of lost entrepreneurship and facilitate networking opportunities among fellow Nagarathars. In 2015, the objective was to inspire youth to