Adani Defence acquires FSTC for ₹820 crore
after close1 source ↓written by the desknot a recommendation
- Pvt Ltd
- ₹820 crore
- as FSTC operates
- 11 full-flight simulators
- 17 training aircraft
Adani Defence Systems & Technologies Ltd has acquired a majority stake in Flight Simulation Technique Centre Pvt Ltd for ₹820 crore. This acquisition enhances Adani's aviation training capabilities, as FSTC operates 11 full-flight simulators and 17 training aircraft. The move is expected to strengthen Adani's position in the aviation sector, potentially boosting market sentiment.
• FSTC is accredited by DGCA and EASA
• Offers various pilot training programs
• Advanced centers in Gurugram and Hyderabad
Not investment advice. For informational purposes only.