A MoU was signed on October 26, 2022, between National Textile University and Beacon Impex (Pvt) Ltd. Mr. Shazad Nadeem (MD Beacon Impex) and his team visited NTU. Beacon Impex's need-cum merit-based scholarships Program is designed for the female students of the School of Engineering & Technology-NTU. The goal of this scholarship is to encourage females to pursue careers in Engineering and Technology. They also shared the vision of their company to empower females by inducting them into operational jobs.