• Aravinda M N
• Dr.Hiriyappa B.

In the Current Scenario MSME play a catalytic role in the development process of most economies.MSMEs contribute to the Indian economy in terms of employment generation, containing regional disparities, fostering equitable economic growth and enhancing export potential of the country has been quite phenomenal.The MSMEs are providing job more than 6 crores people. The MSME sector is contributing 8% of country’s GDP, 45% of manufacture and 36% it exports. The MSME’s sector has consistently registered higher growth rate compare to the overall Industrial sector.The distribution of MSME’s in all over India is not equal because of inaccessibility of raw material, unfamiliarity or lack of entrepreneurial skills development and absence of support of financial and technical assistance from in relation to local authorities at district or state and central level. The absence of adequate and timely credit facility, extraordinary cost of credit, deficiency of modern technology, no research and innovations, insufficient training and skill development, multifaceted labor laws are the main problems of the MSME’s.Despite some infrastructural deficiencies and challenges like flow of institutional credit and inadequate market linkages, this sector has registered remarkable success with regard to increase in number, quantum of investment, scale of production and overall contribution to national GDP.Although there are various opportunities available in the development of MSME’s

MSME,manufacturing sector,challenges,Chikkamagaluru district.

"PROSPECTS AND CHALLENGES OF MSME’S WITH SPECIAL REFERENCE TO COFFEE AND TEA INDUSTRIES IN CHIKKAMAGALURU DISTRICT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.688-694, June 2019, Available :http://www.jetir.org/papers/JETIR1907I87.pdf

"PROSPECTS AND CHALLENGES OF MSME’S WITH SPECIAL REFERENCE TO COFFEE AND TEA INDUSTRIES IN CHIKKAMAGALURU DISTRICT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp688-694, June 2019, Available at : http://www.jetir.org/papers/JETIR1907I87.pdf