Adani Group acquires FSTC stake, expands pilot training services

November 27, 2025 at 03:33 PM•2 min read•Rediff Money Desk

Adani Group has acquired a 72.8% stake in Flight Simulation Technique Centre (FSTC) for Rs 820 crore, expanding its aviation services platform into pilot...

Key Points

1Adani Group acquired a 72.8% stake in Flight Simulation Technique Centre (FSTC) for Rs 820 crore.
2The acquisition expands Adani's aviation services platform into pilot training, complementing existing airport and MRO operations.
3FSTC operates 11 full-flight simulators and 17 training aircraft, providing commercial pilot licenses and type ratings.
4The move addresses India's rising demand for certified pilots, driven by Indian airlines' plans to induct over 1,500 new aircraft.

The Adani Group has announced a significant expansion of its aviation portfolio by acquiring a 72.8% stake in Flight Simulation Technique Centre (FSTC) for an enterprise value of Rs 820 crore. This strategic move marks the conglomerate's official entry into the critical pilot training segment, further solidifying its presence across various facets of the aviation industry. The acquisition was executed through Adani Defence Systems and Technologies Ltd (ADSTL), a wholly-owned subsidiary of Adani Enterprises, and Horizon Aero Solutions Ltd (HASL).

FSTC is a prominent player in aviation training, operating 11 advanced full-flight simulators and 17 training aircraft. Its comprehensive offerings include training for commercial pilot licenses, type ratings, recurrent training, and specialized skill courses. The company manages simulation centers in Gurugram and Hyderabad, along with flying schools located in Bhiwani and Narnaul, all within India. This infrastructure positions FSTC as a key asset for addressing the growing demand for skilled aviation personnel.

This acquisition is a pivotal step in Adani's strategy to construct a fully integrated aviation services platform. The group already holds substantial interests in the airport and Maintenance, Repair, and Overhaul (MRO) sectors. By integrating FSTC with existing entities like Air Works and Indamer Technics, Adani Defence & Aerospace CEO Ashish Rajvanshi stated the group can now serve customers across civil MRO, general aviation MRO, defense MRO, and full-stack flight training.

The timing of this investment aligns with India's burgeoning aviation sector, where Indian airlines are projected to induct over 1,500 new aircraft in the coming years. This expansion will inevitably lead to a sharp increase in the requirement for certified pilots. The acquisition not only addresses this commercial aviation demand but also positions Adani to capitalize on emerging opportunities in defense simulation, supporting the next generation of Indian defense pilots.