Adani Enterprises , the flagship company of one of India's largest conglomerates, has announced a bold financial strategy to raise 1 trillion rupees (approximately $12 billion) in debt by 2030. This ambitious plan, revealed by the Group's Chief Financial Officer, aims to fuel significant expansion in the energy and logistics sectors.

Key Points of the Debt Plan

• Total Debt Target: 1 trillion rupees by 2030
• Allocation: 98% for energy and logistics projects
• Project Timelines: 1-20 years
• Annual Debt Repayment Target: 12.5% of total debt

Debt Structure and Strategy

The Adani Group has outlined a clear structure for its debt issuance:

• Retail Bonds: Limited to 3-5 year duration
• Retail Bond Proportion: 10% of total issuance
• Acquisition Strategy: Minimal spending on acquisitions
• Jaiprakash Associates: No additional funds allocated for assets

Financial Position

To provide context for this ambitious debt plan, let's examine Adani Group's current financial position based on its consolidated balance sheet:

The Group's balance sheet shows significant growth in assets and equity, indicating a strong financial foundation for its ambitious debt-raising plans.

Implications and Outlook

This strategic move by the Adani Group signals a strong focus on long-term growth in the energy and logistics sectors. By allocating 98% of the raised funds to these areas, the company is positioning itself to capitalize on India's growing infrastructure and energy needs.

The Group's approach to debt management, including the annual repayment target of 12.5%, suggests a balanced strategy to maintain financial health while pursuing expansion. The limited focus on acquisitions and the decision not to allocate additional funds for Jaiprakash Associates assets indicate a disciplined approach to growth.

As the Adani Group embarks on this significant financial journey, stakeholders will be closely watching how this debt strategy unfolds and its impact on the company's long-term growth and market position in the energy and logistics sectors.

Adani Enterprises Limited has successfully completed the first phase of its strategic acquisition in the aviation training sector, with its subsidiaries acquiring a 39% effective shareholding in Flight Simulation Technique Centre Private Limited (FSTC) on December 30, 2025.

Acquisition Completion Details

The completion marks a significant milestone in Adani's expansion into aerospace services:

Transaction Structure

The acquisition was executed through two subsidiaries of Adani Enterprises:

1. Adani Defence Systems and Technologies Limited (ADSTL) - A wholly-owned subsidiary of AEL
2. Horizon Aero Solutions Limited (HASL) - A subsidiary of ADSTL (50% held by ADSTL and 50% by Prime Aero Services LLP)

These entities signed share purchase agreements with Flight Simulation Solutions Pvt. Limited (FSS), FSTC (a subsidiary of FSS), and their existing shareholders in November 2025.

Target Company Profile

FSTC represents a well-established player in India's aviation training sector:

Financial Performance Track Record

FSTC has demonstrated consistent revenue growth over the past three years:

Strategic Rationale

The acquisition aligns with Adani Enterprises' diversification strategy and aims to expand ADSTL's and HASL's footprint in the Aviation Services industry. As a DGCA and European Union Aviation Safety Agency (EASA) approved pilot training organization, FSTC provides comprehensive integrated flight training services to pilots.

The transaction is structured as a non-related party transaction and requires no additional governmental or regulatory approvals. With the balance 33.8% stake expected to be acquired by January 2026, Adani Enterprises will gain majority control of this established aviation training platform.

Market Position

This move positions Adani Enterprises strategically within India's growing aviation ecosystem, complementing its existing airport operations and establishing a presence in the critical pilot training segment. The acquisition provides access to FSTC's established infrastructure of 11 flight simulators and 17 training aircraft, along with its regulatory certifications from both Indian and European aviation authorities.