National Textile University arranged 3rd NTU DICE Textile Innovation event on 6 - 7 March 2018. The major objectives of this event were to promote and collaborate on innovations related to textile sector, commercialization of these innovations, textile engineering capacity building, leveraging knowledge of expatriates around the world, providing access to Pakistan Textile Industry to international markets and to help Government of Pakistan in textile policy making.

It was one of the biggest gathering of academia and textile industry in Pakistan, with 180 projects presented by students and faculty members from 35 universities nationwide.  The CEOs and representatives from more than 120 industries visited this event. A total of 0.5 million rupees was awarded to different projects based on the innovation and usefulness to address different textile industry issues.

In addition, 10 projects were selected by different industries for commercialization, and 1.6 million rupees were granted on spot for the said purpose. Panel discussions were arranged under the head of National Innovation Basket on the second day of this event. Experts from different segments of textile industry participated and discussed the potential challenges and opportunities for the textile industry of Pakistan.