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As per news report, Adani Defence Systems and Technologies, a subsidiary of Adani Enterprises, is exploring the acquisition of Flight Simulation Technique Centre (FSTC), India’s largest non-captive pilot training firm. The deal would mark Adani Group’s foray into aviation training, enhancing its defence and aerospace portfolio.
The potential acquisition will be structured through Horizon Aero Solutions, a 50:50 joint venture between Adani Defence Systems and Prime Aero. Prime Aero is owned by Prajay Patel, son of NCP leader Praful Patel.
FSTC, established in 2012, operates four simulator facilities in Gurugram, Hyderabad, and Mumbai, plus four flying schools across Haryana, Surat, and Solapur. This move comes as demand for simulation-based pilot training grows in both military and commercial aviation sectors.
FSTC reported an operating profit of ₹124.2 crore and revenue of ₹214.5 crore for FY24. In FY23, it had an operating profit of ₹96.4 crore and revenue of ₹165.1 crore. This growth has been driven by investment in new simulators and training aircraft, with funding through a mix of internal accruals and loans. The company’s clientele includes Indian defence forces and commercial airlines, positioning it as a major player in the aviation training ecosystem.
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As of November 24, 2025, at 9:43 AM, Adani Enterprises share price on NSE was trading at ₹2,422.10 down by 0.01% from the previous closing price.
The proposed acquisition of FSTC aligns with Adani Group’s broader vision to establish a strong footprint in the aviation and defence sectors. If completed, the deal will provide the conglomerate with a new vertical in training capabilities while meeting rising demand in both civil and military aviation training markets.
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Published on: Nov 24, 2025, 12:15 PM IST

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