Master Components Ltd

Master Moulds Pvt Ltd

Where Precision Meets Possibility

Since 1997, Master Moulds Pvt Ltd., a wholly owned subsidiary of Master Group, has been at the forefront of precision mould-making in India. As a specialist in tool design and manufacturing, our purpose is simple yet powerful: to create moulds that shape industries.

With a reputation built on engineering mastery and meticulous attention to detail, we position ourselves as a trusted partner for companies seeking robust, high-performance tooling solutions across automotive, electrical, industrial, and home appliance sectors.

About Master Moulds Pvt Ltd

At Master Moulds, we believe the mould is the heart of any great product. Our journey began with a clear goal: to provide high-quality, reliable, and innovative moulds to manufacturers across sectors.

Over the decades, we’ve evolved into a full-service tool room offering design-to-delivery capabilities, supported by some of the most advanced machinery and software in the industry. Whether it’s for injection, compression, or transfer moulding, our expertise ensures that every tool we create is built for performance, precision, and durability.

We don’t just create tools; We engineer possibilities for the future of manufacturing.

Master Components Ltd
Master Components Ltd

Product & Capabilities

We specialize in the design and manufacturing of:

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Injection Moulds

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Compression Moulds

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Transfer Moulds

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Jigs, Fixtures, and Press Tools

Our capabilities are powered by

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A state-of-the-art Tool Room equipped with CNC Deckel Maho, Agie Wire Cut, Sparking Charmilles and Chemer

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A dedicated Tool Design Centre using Autodesk PowerShape and Pro-Engineer (Creo)

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A high-precision Metrology Lab with Rapid I Vision, CMM, and Trimos

This infrastructure allows us to handle complex tooling projects with ease and deliver results that match global standards.

The Founding Force

Shrikant Joshi
Shrikant Joshi
Director & Co-Founder

A qualified technocrat from NTTF, Shrikant Joshi received a rigorous technical foundation through a 5-year integrated program across Dharwad, followed by industrial training at Bangalore. Shrikant Joshi started his journey at Crompton Greaves Ltd., where he built deep expertise in tool design, mould development, and localisation. In 1997, he co-founded Master Moulds Pvt. Ltd. with Mr. Mudduraj Kulkarni, setting up a modern toolroom and pioneering precision mould manufacturing in India.

Social Work – Member of TAGMA, Vice President of Nashik Cyclists for 7 years, trustee of Pankh, committee member at Janakalyan Blood Center, and founding member of WeGO Library Foundation promoting patent awareness.

“I believe in investing in three things: in yourself, to lead with purpose; in technology, to stay ahead; and in your people, because they’re the ones who hold it all together.”

Mudduraj Kulkarni
Mudduraj Kulkarni
Director & Co-Founder

An alumnus of NTTF, Mudduraj Kulkarni received a rigorous technical foundation through a 5-year integrated program across Tellicherry and Bangalore, followed by industrial training. He began his career at Crompton Greaves Ltd., gaining multifaceted experience in tool development, assembly line troubleshooting. By 1995, he was leading two full product projects, right from development to production. In 1997, driven by the spirit of entrepreneurship, he co-founded Master Moulds Pvt. Ltd. with Mr. Shrikant Joshi, laying the foundation of precision tooling in India.

Social Work – Active member of the Confederation of Indian Industry (CII) North Maharashtra, chaired the MSME panel supporting small industries, and contributes to Nashik Runners Group and Pankh NGO. A proud alumnus of Sainik School Vijayapur and core member of AJEETS alumni forum.

"Together everyone achieves more, culture is everything. From the shop floor to our customers, our strength lies in open feedback, continuous improvement, and a team-driven mindset."

Anagha Joshi
Anagha Joshi
Promoter & Non-Executive Director

Anagha Joshi is one of the promoters of the Company and has been on the Board since April 5, 2003. She currently serves as a Non-Executive Director.

Rajeshwari Kulkarni
Rajeshwari Kulkarni
Promoter & Non-Executive Director

Rajeshwari Kulkarni is one of the promoters of the Company and has been a member of the Board since April 5, 2003. She currently serves as a Non-Executive Director.

Our Customers

Trusted by top industries, Master Group delivers quality products with
unwavering reliability and on-time service while building strong partnerships that last.