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South India between c. 750 and 1206 witnessed considerable growth in internal and overseas trade, supported by a well-organized network of merchants, craft producers, ports and commercial institutions. Trading organizations, commonly known as merchant guilds, played an important role in the economic and social life of the region. These organizations facilitated long-distance trade, protected the interests of merchants, regulated commercial activities and contributed to the development of towns and temples. Among the most important trading organizations were the Ayyavole 500, Manigramam, Nanadesi, and Anjuvannam. The Ayyavole 500, associated with Aihole in Karnataka, became one of the most powerful merchant organizations of South India. It _________ _______ _______ ________ ________ ____ _________ ________ ____ _____.
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