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Textiles have an assortment of uses, the most common of which are forclothing and for containers such as bags and baskets.

In the household they are used in carpeting, upholstered furnishings, window shades, towels, coverings for tables, beds, and other flat surfaces, and in art.

In the workplace they are used in industrial and scientific processes such as filtering.

Miscellaneous uses include flags, backpacks, tents, nets,handkerchiefs, cleaning rags, transportation devices such as balloons,kites, sails, and parachutes; textiles are also used to provide strengthening in composite materials such as fibreglass and industrialgeotextiles.

Textiles are used in many traditional crafts such as sewing,quilting and embroidery digitizing.

In 1978, the institute was upgraded into College of Textile Engineering & Technology and degree courses in Textiles under the University of Dhaka were introduced.

Initially intake was only 60 per year and since the introduction of degree course, more than 2,800 Textile Engineers graduated from this institution.

One of its former students, Dr. Mashiur Rahman who did his PhD from Leeds University, UK, is now working as professor, Textile Science department of University of Manitoba, Canada.

In 1972 the newly formed government of Sheikh Mujibur Rahman who was also the head of the Awami League, enacted the Bangladesh Industrial Enterprises (Nationalization) Order, taking over privately owned digitizing textile factories and creating a state-owned enterprise (SOE) called Bangladesh Textile Mills Corporation (BTMC).

President Rahman promoted democracy and a socialist form of capitalism.

The BTMC never managed to match the pre-1971 output and in every year after the 1975–1976 fiscal year, lost money.

Until the early 1980s the state owned almost all spinning mills in Bangladesh and 85 percent the textile industry's assets (not including small businesses).

Under the 1982 New Industrial Policy (NPI) a large number of these assets including jute mills and textile mills were privatized and returned to their original owners.