[SOLVED] problem while compiling multiple c files in avr studio

Build started 1.1.2001 at 00:52:34
avr-gcc -I"E:\vishal\vishal _AVR\serial library"  -mmcu=atmega16 -Wall -gdwarf-2 -std=gnu99         -DF_CPU=16000000UL -Os -funsigned-char -funsigned-bitfields -fpack-struct -fshort-enums -MD -MP -MT main.o -MF dep/main.o.d  -c  ../main.c
make: *** No rule to make target `..//E/vishal/vishal', needed by `serial.o'.  Stop.
Build failed with 1 errors and 0 warnings...

###############################################################################
# Makefile for the project uart
###############################################################################

## General Flags
PROJECT = uart
MCU = atmega16
TARGET = uart.elf
CC = avr-gcc

CPP = avr-g++

## Options common to compile, link and assembly rules
COMMON = -mmcu=$(MCU)

## Compile options common for all C compilation units.
CFLAGS = $(COMMON)
CFLAGS += -Wall -gdwarf-2 -std=gnu99         -DF_CPU=16000000UL -Os -funsigned-char -funsigned-bitfields -fpack-struct -fshort-enums
CFLAGS += -MD -MP -MT $(*F).o -MF dep/$(@F).d 

## Assembly specific flags
ASMFLAGS = $(COMMON)
ASMFLAGS += $(CFLAGS)
ASMFLAGS += -x assembler-with-cpp -Wa,-gdwarf2

## Linker flags
LDFLAGS = $(COMMON)
LDFLAGS +=  -Wl,-Map=uart.map


## Intel Hex file production flags
HEX_FLASH_FLAGS = -R .eeprom -R .fuse -R .lock -R .signature

HEX_EEPROM_FLAGS = -j .eeprom
HEX_EEPROM_FLAGS += --set-section-flags=.eeprom="alloc,load"
HEX_EEPROM_FLAGS += --change-section-lma .eeprom=0 --no-change-warnings


## Include Directories
INCLUDES = -I"E:\vishal\vishal _AVR\serial library" 

## Objects that must be built in order to link
OBJECTS = main.o serial.o 

## Objects explicitly added by the user
LINKONLYOBJECTS = 

## Build
all: $(TARGET) uart.hex uart.eep uart.lss size

## Compile
main.o: ../main.c
	$(CC) $(INCLUDES) $(CFLAGS) -c  $<

serial.o: ..//E/vishal/vishal _AVR/serial library/serial.c
	$(CC) $(INCLUDES) $(CFLAGS) -c  $<

##Link
$(TARGET): $(OBJECTS)
	 $(CC) $(LDFLAGS) $(OBJECTS) $(LINKONLYOBJECTS) $(LIBDIRS) $(LIBS) -o $(TARGET)

%.hex: $(TARGET)
	avr-objcopy -O ihex $(HEX_FLASH_FLAGS)  $< $@

%.eep: $(TARGET)
	-avr-objcopy $(HEX_EEPROM_FLAGS) -O ihex $< $@ || exit 0

%.lss: $(TARGET)
	avr-objdump -h -S $< > $@

size: ${TARGET}
	@echo
	@avr-size -C --mcu=${MCU} ${TARGET}

## Clean target
.PHONY: clean
clean:
	-rm -rf $(OBJECTS) uart.elf dep/* uart.hex uart.eep uart.lss uart.map


## Other dependencies
-include $(shell mkdir dep 2>/dev/null) $(wildcard dep/*)