Melstarr Aviations Tech (MAT), a wholly owned subsidiary of Melstarr Information Technologies, is making a strategic foray into the aviation training sector with plans to establish a cutting-edge Flight Training Organization (FTO) in Karnataka.
With an initial investment of ₹300 crore, MAT's initiative ranks among the largest private sector commitments in India’s fast-growing pilot training landscape. The first phase of development has already been allocated ₹100 crore, with additional investments planned over the next three years.
Tarun Kashyap, Chief Operating Officer of MATPL, underscored the scale of this endeavor, calling it a landmark move by a private player to enhance India’s aviation training infrastructure. This investment is expected to significantly contribute to meeting the surging demand for skilled pilots across the Indian aviation industry.
News by Rahul Yelligetti.