Master Components Ltd

About

About Master Group

At Master Group, we bridge imagination and engineering to create the extraordinary. As a unified force of three specialized companies, we provide end-to-end solutions that take an idea from the drawing board to a high-precision, market-ready product. Whether it’s product design, mould design, advanced injection, compression moulding, compression & thermoset injection moulding, or cutting-edge additive manufacturing, we are the backbone of industries that demand quality, reliability, and innovation.

Our Journey: The Master Group Legacy

What started as a dream in a small workshop has grown into a thriving legacy built on dedication, craftsmanship, and an unyielding commitment to quality. From a handful of people working on a few projects to a dynamic group of companies with a vast network of team members, customers, and innovations, we have built not just a business, but a family. We take pride in retaining and grooming our team members to become leaders while nurturing their growth both professionally and personally as they advance in their careers.

A Legacy in Motion: Our Journey So Far

1997

Master Moulds Pvt Ltd was founded, starting with a small factory, a team of three, and a few key projects. This marked the beginning of our journey in precision mould manufacturing.

1999

Master Components Pvt Ltd was registered, expanding our capabilities and growing our customer base, Master Group Family, and project portfolio.

2000

Second factory premises established. Injection moulding started – MCL.

2005-2007

Master Moulds expansion of building and machinery. 10th anniversary of MMPL (From 1800 sq ft to 4000 sq ft).

2013

Moved to bigger premises/set up – MCL (600 to 3200 sqm).

2013-2017

Constructed 40,000 sq ft – MCL while machinery also added.

Over the years, we embarked on major expansion projects and gained industry recognition. Our growing reputation brought in larger customer base, more advanced projects, and an expanding team of skilled professionals.

2020

Master Nidavellir AeroMed Pvt Ltd was established, introducing a new era of advanced manufacturing. With a new partner on board in this company, we expanded into metal and plastic additive manufacturing, reverse engineering & product designing offering state-of-the-art solutions. This led to further innovative projects, cutting-edge technologies, and strategic collaborations that enhanced our business capabilities.

2023

2023 (January) - Master Components Pvt Ltd got incorporated as Master Components Ltd.

2023

2023 (September) – A defining milestone: Master Components Ltd was listed on NSE Emerge. This was a monumental achievement, elevating our position in the industry, opening doors to new opportunities, and strengthening the Master Group’s legacy.

2023 - 2025

2023 (September) – 2025 (March) – Capacity doubled from 35 to 70 machines.

Present – Continuing to push boundaries, we drive innovation, expand strategically, and prioritize customer-focused solutions while forging strong partnerships and embracing the future.

Our Core Values

Innovation

Continuously evolving to deliver cutting-edge solutions.

Quality

Commitment to precision, reliability, and excellence.

Customer Focus

Ensuring customer success through tailored solutions.

Integrity

Upholding transparency and ethical business practices.

Sustainability

Striving for eco-friendly and responsible manufacturing.

People

Empowering our team to grow and succeed together.

Vision & Mission

Vision

The vision is to become “supplier of choice” serving product niche markets in which our product innovations, technical competency, and excellence in manufacturing enable us to continually exceed the expectations of our preferred customer base.

Mission

To exceed our customers' expectations in quality, delivery, and cost through continual improvement and customer interaction.

Our People

Founder 1
Founder

Passionate about innovation and leadership, bringing visionary ideas to life.

Founder 1
CS

Passionate about innovation and leadership, bringing visionary ideas to life.

Founder 1
Department Head

Leader in academic excellence, guiding the department towards innovation and success.