*Associate Professor, Department of Management Studies, Bonam Venkata Chalamayya Institute of Technology and Science, Amalapuram-533201, E.G.Dt., A.P., India
**Associate Professor, Department of Management Studies, Bonam Venkata Chalamayya Institute of Technology and Science, Amalapuram-533201, E.G.Dt., A.P., India
Online published on 21 September, 2017.
Capital is a life blood of any business enterprise. It is very essential for long term necessity of procurement of Long Term Assets which generate revenues for several years, short term necessities of running business enterprise smooth and hassle free. These two required capitals are called Long Term Capital and Working Capital. Even big Business Houses are suffering from lack of sufficient capital for smooth running of their business activities. Micro, Small and Medium Enterprises (MSMEs) plays a vital role in any Economy. The overall development of any economy is possible only when constant, sustainable development measures that should not lead to any regional imbalances. One of the prominent MSMEs in East Godavari District of Andhra Pradesh is Coir Industry. Coir is exacted from the husk which is wastage in the process of Coconut. Coir is useful in the preparation of floor mats, doormats, brushes, mattresses, ropes etc., the other by-product in the process of coconut; coir pith is useful for enhancing fertility of agriculture lands. This Industry is creating wealth from waste and creating employment in rural areas thereby not only avoiding migration of labor but also strengthening the rural economy. By recognizing the importance of Coir Industry, the Government of India set up a separate Board for its overall development called Coir Board working under the ministry of MSME. In the present paper, an attempt has been made to know Capital Structure determinants of Coir MSMEs in East Godavari District, Andhra Pradesh.
Capital, MSMEs, Coir, Coir Board, Capital Structure Determinants
