Nano Technology means optimizing performance and providing smart solutions for the future. It means configuring molecules to change in size and properties for enhancement as in the case of smart fabrics. Smart fabrics can help manufacturers and designers with the increased emphasis on lifestyle, aesthetic appeal and form demanded for technological products. Nanosize particles can exhibit unexpected properties different from those of the bulk material. The basic premise is that properties can dramatically change when a substance's size is reduced to the nanometer range. Nanotechnology has versatile applications in Textile Chemicals industry in manufacturing garments with stain resistance, flame retardant finishes, wrinkle resistance finishes, moisture management, antimicrobial qualities, UV protection, and soil release properties. Incorporating nanomaterials into a textile can affect a host of properties, including shrinkage, strength, electrical conductivity and flammability. Nanotechnology has also made a tremendous impact on functionality and performance. Nano-treated textiles may lead to many inventions as the science develops in future.