Adani acquires majority stake in Flight Simulation Technique Centre at an enterprise value of ₹820 crore
Adani Defence Systems & Technologies Ltd (ADSTL), in collaboration with Prime Aero Services LLP, is acquiring 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. 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.
