Adani defence acquires FSTC to boost pilot training for ₹820 crore

Adani Defence Systems & Technologies (ADSTL) and Horizon Aero Solutions (HASL), subsidiaries of Adani Enterprises, have signed agreements to acquire an effective 72.8% stake in Flight Simulation Technique Centre Private Limited (FSTC) and its subsidiary, Flight Simulation Solutions (FSS), for an enterprise value of ₹820 crore. This acquisition will significantly enhance India's flight training capacity, addressing the demand for nearly 20,000 new pilots over the next decade.

FSTC operates 11 full-flight simulators and 17 training aircraft, providing comprehensive pilot training, including commercial pilot licenses, type ratings, and specialized skill courses. This strategic move strengthens Adani Defence's vision of an integrated aviation services ecosystem, encompassing MRO, simulation, and full-stack pilot training for both civil and defense sectors.

The acquisition aligns with Adani Enterprises' strategy to build emerging infrastructure businesses and contribute to nation-building, with the company emphasizing its role in supporting the next generation of Indian defense pilots.