Adani Defence To Buy Majority Stake In FSTC For Rs 8.2 Billion

Adani Defence Systems & Technologies Ltd (ADSTL), in partnership with Prime Aero Services LLP, is set to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC) for an enterprise value of Rs 8.2 billion. FSTC is India’s largest independent provider of flight training and simulation services.

FSTC operates 11 advanced full-flight simulators and 17 training aircraft, and is certified by both the DGCA and EASA. The company runs state-of-the-art simulation centres in Gurugram and Hyderabad, with significant room for expansion. It also manages one of India’s largest flying schools, located in Bhiwani and Narnaul in Haryana.

Adani Enterprises said India’s defence pilot training ecosystem is emerging as a major opportunity, reflecting global trends in civil aviation where simulator-based training reduces costs while enhancing safety and efficiency. FSTC has laid out strong plans to scale across both defence and civil aviation domains.

According to Ashish Rajvanshi, CEO of Adani Defence & Aerospace, the acquisition marks the next step in building a fully integrated aviation services platform. With FSTC joining Air Works and Indamer Technics, the group can now cater to customers across civil MRO, general aviation MRO, defence MRO and full-stack flight training.

“With Indian airlines expected to induct more than 1,500 aircraft, the need for certified pilots will rise sharply. At the same time, the government’s push for advanced training and mission rehearsal for the armed forces creates new opportunities in defence simulation. In line with our philosophy of supporting a secure nation, we aim to back the next generation of Indian defence pilots,” Rajvanshi said.

ADSTL is a subsidiary of Adani Enterprises Ltd (AEL). Horizon Aero Solutions Ltd (HASL), a joint venture between ADSTL and Prime Aero Services LLP, is a step-down subsidiary of AEL.

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