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Small businesses often face a variety of problems related to their size. A frequent cause of bankruptcy is undercapitalization. This is often a result of poor planning rather than economic conditions. MSMEs in India face number of problems – absence of adequate and timely banking finance, non – availability of suitable technology, ineffective marketing due to limited resources, non availability of skilled manpower, Raw Material and frequent power cuts which leads to production problem. Presently, the Indian MSMEs are facing different types of problems. Hence the main purpose of the study is to analyze five major problems faced by MSMEs in Visakhapatnam District of Andhra Pradesh state. The study is empirical in nature as it is based on data collected with the help of structured schedule. An Industrial area in the district was selected and almost all the industries in that area were covered which include both registered and unregistered enterprises.

Problems Faced By MSMEs In Visakhapatnam District Of Andhra Pradesh State: A Rotated Factor Analysis.