Adani Defence boosts pilot training capacity with Rs 820 crore buyout of FSTC

Adani Defence Systems & Technologies Ltd (ADSTL), in partnership with Prime Aero Services LLP, has acquired a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC) for Rs 820 crore. This strategic move aims to create a comprehensive ...

ANI
Adani Defence boosts pilot training capacity with Rs 820 crore buyout of FSTC
AdDefence Systems & Technologies Ltd (ADSTL), in partnership with Prime Aero Services LLP, has finalised agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC), India’s largest independent provider of flight training and simulation. The enterprise value of the deal is Rs 820 crore, according to an official press release.

FSTC operates 11 full-flight simulators and 17 training aircraft, offering a full range of pilot training, including commercial pilot licences, type ratings, recurrent training and specialised skill programmes.

The company is certified by the DGCA (Directorate General of Civil Aviation) and EASA (European Union Aviation Safety Agency). It runs advanced simulation centres in Gurugram and Hyderabad with room for expansion, and it operates one of the country’s largest flying schools at Bhiwani and Narnaul in Haryana.


India’s defence pilot training ecosystem is emerging as a key growth area, following the civil aviation sector where simulator-based training reduces costs and improves safety and operational efficiency. FSTC has outlined plans to scale its presence across defence and civil training.

“This acquisition is the next step in our strategy to build a fully integrated aviation services platform. With FSTC joining Air Works and Indamer Technics, we can now serve customers across civil MRO, general aviation MRO, defence MRO and full-stack flight training,” said Ashish Rajvanshi, CEO, Adani Defence & Aerospace.

“With Indian airlines expected to induct 1,500+ aircraft, the requirement for certified pilots will multiply sharply. At the same time, the government’s thrust on advanced training and mission rehearsal for armed forces creates new opportunities in defence simulation. In line with our philosophy of helping build a secure nation, we aim to support the next generation of Indian defence pilots," he added.
ADVERTISEMENT

ADSTL is a subsidiary of Adani Enterprises Ltd (AEL). Horizon Aero Solutions Ltd (HASL), a joint venture of ADSTL and Prime Aero Services LLP, is a step-down subsidiary of AEL.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Defence › Adani Defence boosts pilot training capacity with Rs 820 crore buyout of FSTC
Text Size:AAA
Success
This article has been saved

*

+