Abhijeet Dies & Tools Pvt Ltd and Italy-based INEVO Srl have formally launched their joint venture, Abhinevo Technologies Private Limited, marking a new chapter in industrial and technology collaboration between India and Italy. The new company will focus on the development, engineering, manufacturing and commercialisation of advanced moulds, tooling and manufacturing technology solutions. Its initial focus will be on the automotive and plastics-processing industries.
Abhinevo Technologies brings together Abhijeet’s more than four decades of experience in tooling, engineering and plastics manufacturing with INEVO’s expertise in high-precision injection mould technology, advanced surface applications and automotive manufacturing solutions.
The partnership aims to progressively bring sophisticated manufacturing technologies to India and build capabilities across the complete manufacturing value chain. This will include product and process engineering, tool design, simulation, tool manufacturing, trials, validation, industrialisation and production support.
Jayamurugan Thangavel, CEO, Abhijeet Group, said, “This joint venture is an important step in Abhijeet’s journey towards technology-led manufacturing. India has built a strong automotive manufacturing ecosystem, and the next opportunity lies in developing deeper capabilities in advanced tooling, materials, surfaces and manufacturing processes within the country.”
He added that the partnership would combine INEVO’s specialised European technology and process knowledge with Abhijeet’s engineering strength, manufacturing capabilities and understanding of the Indian automotive industry. “Our objective is not simply to manufacture advanced tools in India, but also to build the engineering knowledge, process capability and skilled workforce required to develop these technologies locally,” he said.
INEVO became an independent company in 2020 following the spin-off of the mould division of INglass. Its tooling heritage dates back to 1987. The company specialises in advanced injection moulds and plastic processing technologies, including multi-material and multi-colour moulding, automotive lighting tooling, In-Mould Decoration, In-Mould Labelling and advanced surface technologies.
Roberto Fagarazzi, Managing Director – Sales, INEVO Srl, said India was becoming increasingly important in the global automotive manufacturing sector. “We see a strong opportunity to bring our experience in advanced moulds, multi-material technologies and smart surfaces closer to the Indian market,” he said.
The initial technology focus of Abhinevo Technologies will include 2K and multi-component mould technology, PUR-based surface technologies, IMD, IML, In-Mould Coating, functional and decorative film integration, mould engineering, process simulation and high-precision tooling solutions. These technologies are expected to support automotive interiors and exteriors, smart surfaces, decorative and functional components and other complex plastic applications. The joint venture aims to strengthen local manufacturing capabilities, support shorter development cycles and provide Indian automotive OEMs and Tier-1 suppliers with greater access to globally benchmarked technologies.
Abhinevo Technologies Private Limited is a strategic joint venture between Abhijeet Dies & Tools Pvt Ltd, India, and INEVO S.r.l., Italy. The company has been established to develop, manufacture and commercialise advanced moulds, tooling and manufacturing technology solutions. Initially, Abhinevo Technologies will focus on the automotive and plastics-processing sectors, combining European technology expertise with Indian engineering and manufacturing capabilities.
Established in 1984 by Naresh J. Raut, Abhijeet Dies & Tools Pvt Ltd has grown into an integrated tooling, engineering and plastics manufacturing group. The company offers capabilities across injection and blow mould design and manufacturing, injection and blow moulding, automotive plastic component manufacturing, assembly, tool trials, validation, industrialisation and product development support. Abhijeet serves automotive OEMs, Tier-1 suppliers and customers across other industrial sectors, supported by its engineering expertise and manufacturing capabilities.
INEVO Srl. is an Italy-based specialist in high-precision injection moulds and advanced plastic processing technologies. The company’s technical heritage dates back to 1987, while INEVO became an independent company in 2020. Its expertise includes automotive lighting, smart mobility, multi-material moulding, In-Mould Decoration (IMD), In-Mould Labelling (IML), advanced surface technologies and complex injection moulding applications. INEVO combines specialised engineering and technology capabilities to support advanced manufacturing requirements across international markets.
Crescendo Worldwide supports international business expansion, strategic partnerships and cross-border business development. The company works across areas including international trade, investment, technology partnerships, foreign direct investment (FDI) and global business expansion. With experience across multiple industry sectors, Crescendo Worldwide helps organisations identify international opportunities, build strategic partnerships and strengthen their presence across global markets.
