The street has been in existence for over 200 years and came into being because of its proximity to the port. Initially, there were about 60 70 shops; now there are over 800.Mr Ponnambalam said that initially only imported textiles were available on the street. Then, with the swadeshi movement, the shops started stocking handlooms, poplins, and cottons.Now, the trade has come full circle, stocking a lot of textiles imported from China, Thailand, Taiwan, and Pakistan.Another reason for the business taking a beating is the shifting of the long distance bus terminus and the Kotwal Chavadi wholesale vegetable market to Koyambedu, he said.
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