Business
On completion of his education, Lakshminarasu worked as an apprentice under his father whose business was soon afterwards renamed Sidhulu Chetty and Co. The firm mainly dealt in handkerchiefs and soon grew into a thriving corporation. After Sidhulu Chetty's death, Lakshminarasu inherited the firm and expanded its network.
When the American Civil War broke out, cotton trade was temporarily suspended between the United States of America and other countries. Lakshminarasu Chetty took advantage of the situation and made huge profits by speculating on the price of cotton.
Read more about this topic: Gazulu Lakshminarasu Chetty
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