• Latest
  • Trending
Adani Defence acquires majority stake in FSTC in ₹820 crore deal

Adani Defence acquires majority stake in FSTC in ₹820 crore deal

India raises rabi MSPs, boosting incentives for crop diversification

India raises rabi MSPs, boosting incentives for crop diversification

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide

Tech Mahindra to consider bonus share issue in upcoming board meet

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Capgemini report: Life insurers face relevance challenge as consumers seek simpler guidance

Know all about IRDAI’s proposal to tighten insurance commissions and expenses

19 IPOs set to hit the Indian market this week

Subway operator ‘EverBrands India’ files draft prospectus for Rs 600 crore IPO

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

NYMEX Natural Gas futures post second monthly gain

NYMEX Natural Gas futures post second monthly gain

Rupee holds steady as inflation eases and manufacturing outlook improves : Kedia Stocks & Commodities Research

Rupee under pressure as crude oil, US yields and FPI outflows weigh on currency

Coforge appoints Akhil Kumar Gupta as new Chairperson

Coforge appoints Akhil Kumar Gupta as new Chairperson

Moneyview IPO allotment date and how to check status

Moneyview IPO allotment date and how to check status

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, October 2, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Adani Defence acquires majority stake in FSTC in ₹820 crore deal

in News
Reading Time: 2 mins read
0
Adani Defence acquires majority stake in FSTC in ₹820 crore deal
Share on FacebookShare on Twitter

DBT Bureau

Pune, 27 Nov 2025

Adani Defence Systems & Technologies Ltd (ADSTL), in collaboration 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 flight training and simulation provider for an enterprise value of ₹820 crore.

FSTC operates 11 advanced full-flight simulators and 17 training aircraft, offering comprehensive pilot training—from commercial pilot licences to type ratings, recurrent training and specialised skill courses. The company is certified by DGCA (Directorate General of Civil Aviation) and EASA (European Union Aviation Safety Agency) and runs state-of-the-art simulation centres in Gurugram and Hyderabad, with significant expansion capacity. It also operates one of India’s largest flying schools at Bhiwani and Narnaul in Haryana.

India’s defence pilot training ecosystem is emerging as a major opportunity, mirroring trends in civil aviation where simulator-based training lowers costs and improves safety and efficiency. FSTC has outlined robust growth plans to scale across both defence and civil domains.

“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,” 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.”

ADSTL is a subsidiary of Adani Enterprises Limited (AEL). Horizon Aero Solutions Limited (HASL)—a joint venture of ADSTL and Prime Aero Services LLP—is a step-down subsidiary of AEL.

Related Posts

NALCO pays record ₹2,112 crore dividend for FY26

NALCO pays record ₹2,112 crore dividend for FY26

0

DBT Bureau Pune, 29 Sep 2026 National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government...

ESDS Software Q1 profit rises 14%

ESDS Software Q1 profit rises 14%

0

Athira Sethu Kochi, 25 Sep 2026 Recently listed firm in cloud & AI domain ESDS Software Solution witnessed a growth...

Oil Marketing Companies face rising losses

Oil Marketing Companies face rising losses

0

Athira Sethu Kochi, 24 Sep 2026 Oil Marketing Companies (OMCs) are incurring huge losses as petrol and diesel prices have...

Redington may benefit from strong demand for new iPhones

Redington may benefit from strong demand for new iPhones

0

Athira Sethu Kochi, 21 Sep 2026 Redington is a crucial distributor of Apple products in India. The company distributes Apple...

India raises rabi MSPs, boosting incentives for crop diversification
Commodity

India raises rabi MSPs, boosting incentives for crop diversification

0

DBT Bureau Pune, 1 Oct 2026 The Indian Cabinet has approved higher minimum support prices for rabi crops for the...

Read moreDetails
Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27
Business

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

0

DBT Bureau Pune, 1 Oct 2026 Amid growing power demand, Coal India Limited (CIL) augmented its coal supplies by 12.5%...

Read moreDetails
Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme
Market

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

0

Athira Sethu Kochi, 1 Oct 2026 Stocks of companies related to power and electricity-related infrastructure of India gained focus on...

Read moreDetails
FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide
Market

Tech Mahindra to consider bonus share issue in upcoming board meet

0

Athira Sethu Kochi, 1 October 2026 Tech Mahindra Ltd. was in the news on Thursday, October 1. This is because...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.