Rubique & NSIC will work together to create an interface which will ease credit facilitation for MSMEs by allowing quicker decision making and evaluation and to widen the product offerings will bring their respective bank/FI tie-ups under one umbrella for MSME.

As such they established National Small Industries Corporation with objectives to provide machinery on hire purchase basis and assisting and marketing in exports.

Further, SSIs registered with NSIC were exempted from paying Earnest money and provided facility of free participation in government tendered purchases.

Further, it also provides assistance to small scale industries by taking orders from Government of India owned enterprises and procures these machineries from SSI units registered with them, thus providing a complete assistance right from financing, training, providing raw materials for manufacturing and marketing of finished products of small scale industries, which would otherwise not be able to survive in face of competition from large and big business conglomerates.

[4][5][6] It also helps SSI by mediating with government owned banks to provide cheap finance and loans to budding small private industries of India.