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

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.

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.

Related Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code