Mumbai, Nov 28 (UNI) The Adani Group officially announced here on Friday that it will purchase a 72.8 per cent stake in Flight Simulation Technique Centre (FSTC) for Rs 820 crore, marking the conglomerate’s foray into the pilot training segment.
According to a stock exchange filing, Adani Enterprises disclosed that the transaction was carried out by Adani Defence Systems and Technologies and Horizon Aero Solutions, a subsidiary of the company.
Adani Enterprises stated that FSTC is India’s largest independent provider of flight training and simulation, operating 11 advanced full-flight simulators and 17 training aircraft. The company offers pilot training, commercial pilot licences, type ratings, recurrent training and specialised skill courses.
FSTC, which is also certified by the Directorate General of Civil Aviation (DGCA) as well as the European union Aviation Safety Agency, runs simulation centres in Gurugram and Hyderabad. It also operates one of India’s largest flying schools at Bhiwani and Narnaul in Haryana.
FSTC operates 11 advanced full-flight simulators and 17 training aircraft, providing training for commercial pilot licences to type ratings, recurrent training and specialised skill courses.
Adani Defence Systems and Technologies Ltd (ADSTL), a wholly-owned subsidiary of Adani Enterprises, and Horizon Aero Solutions Ltd (HASL) will snap up a 72.8 per cent stake in FSTC.
HASL is 50 percent owned by ADSTL, and the remaining shareholding rests with Prime Aero Services LLP.
These entities have “signed share purchase agreements dated November 27, 2025, with Flight Simulation Solutions Pvt Ltd (FSS) and Flight Simulation Technique Centre Pvt Ltd (FSTC), a subsidiary of FSS and their existing shareholders to acquire an effective 72.8 per cent stake in FSTC,” according to the statement.
“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 (Maintenance, Repair and Overhaul), defence MRO and full-stack flight training,” Adani Defence & Aerospace CEO Ashish Rajvanshi said.
