Hot pepper or Chilli (Capsicum annuum L.) is an important and widely cultivated vegetable and spice crops of India (Arun Kumar, 2006). Assessment of chilli hybrids for growth, yield, economics and higher productivity was conducted in five different farmer’s field during the year 2017-2018 at Ellapuram and Ekkadu blocks under on farm trial to know about the performance of chilli hybrids Viz., TNAU CO (ch)1 and IIHR Arka Harita. Several growth, yield and economical characters of the two hybrids were studied in comparison with the local variety Arani local chilli. The results showed that Arka Harita exhibited the highest values for growth, yield and economic traits. The growth characters like plant height (49.5), number of fruits per plant (81.20), fruit length (10.4 cm), market preference (very good) were observed the highest values in Arka Harita followed by TNAU CO (ch)1 (48.42 cm, 77.8, 10.7 cm and good) whereas local variety recorded the lowest values (44.26 cm, 65.4, 10.0 cm and average). Arka Harita recorded the minimum number of days for 50 per cent flowering (42) and number of days to 1st harvesting of fruits (80.48). Arka Harita recorded the highest number of fruits per plant (81.2) followed by TNAU CO (ch)1 is (77.8) whereas the local variety registered the lowest number of fruits per plant of 65.40. Regarding yield characters, Arka Harita recorded the highest fresh pod yield (29.04 t/ha) and dry pod yield (6.0 t/ha) followed by TNAU CO (ch) 1 (fresh pod 26.6 t/ha and dry pod 5.3 t/ha) whereas local variety recorded the lowest yield of 18.8 t/ha as fresh pod yield and 1.8 t/ha as dry pod yield. With respect to benefit cost ratio, Arka Harita recorded the highest ratio of fresh pod (3.05) and dry pod (5.58) with the net profit of fresh pod (Rs.2,34,487) and dry pod (Rs. 5,21,897) followed by TNAU CO (ch)1 of fresh pod (2.76) and dry pod (5.08) with the net profit of fresh pod (Rs.1,95,781) and dry pod (Rs.4,40,486) respectively, whereas local variety observed the lowest BC ratio (fresh pod 1.82; dry pod 1.52) and net profit for (fresh pod Rs.97,177; dry pod Rs.59,559). Thrips incidence was low in Arka Harita (25.4 per cent) when compare to local variety (16.4 per cent). Arka Harita recorded higher technology gap (2.96 t/ha), extension gap (10.2 t/ha) and harvest index (10.1 per cent), compare to local variety and also showed high parentage yield increase over local type and recorded 54.10 per cent increase yield.