Yadalam Nanjaiah Setty was an illustrious industrialist who was know for his acute business acumen. His first ever industrial venture dates back to 1932 when no businessman around him had ever given it a thought. His hard-work, dedication and perseverance came to fruition when he and his brothers set up two mills Ramkumar Mills and Sri Krishna Spinning & Weaving Mills Pvt. Ltd.
A pioneer and a man of many accomplishments, Late Shri. Yadalam Nanjaiah Setty epitomized courage, determination, moral character and an abiding loyalty towards people he cherished.
Sai Grace Foundation initiated an endowment lecture in memory of Late Shri. Yadalam Nanjaiah Setty in the year 2005 at Bharatiya Vidya Bhavan, Bengaluru to conduct lectures and discussions on several topics and issues. This endowment lecture is conducted during the second week of July every year to coincide with Shri. Setty’s birth anniversary on 14th July.