Knit Smart converts conventional textile manufacturing units to 'Smart factory'. Knit Smart is currently a solution designed and developed for the circular knitting machines. It automates the data capturing and quality monitoring process, which is currently done manually and is prone to errors and manipulation. It reduces the dependency on semi-skilled manpower and maintains quality and machine efficiency consistency. Knit Smart captures data directly from the machines and has no manual intervention, ensuring factual data recording. Knit Smart's camera based vision system reduces the dependency on machine operator and ensures minimum defects on the fabric being manufactured.