India, May 2 -- Billionaire Gautam Adani's conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses. The Adani Group will introduce a three-layer organizational structure with fewer decision-makers, and have greater focus on liquidity and access to capital, Adani said in an internal memo to employees on Labor Day, without giving the specifics. The streamlined hierarchy will see leaders pushed closer to project sites, cut decision-making time from days to hours and strengthen the accountability across business units, he said. The move comes amid a surge in investment activity in India, the world's fastest-growing major economy, prompting a race among conglomerates to be sharper and deliver faster as they compete across infrastructure, energy and consumer-facing sectors. This marks Adani's second major overhaul since 2015, when it spun off its ports and power businesses into separately listed entities. That round of change unlocked shareholder value by removing the holding-company discount and simplifying the group's structure, giving holders of flagship entity, Adani Enterprises Ltd., direct exposure to underlying operating companies. The group houses India's largest private sector ports and airports operators, and runs more than 700 sites across 24 states. The conglomerate is diversifying funding, and raised $2 billion from the local market last year and has plans to scale up to $10 billion over three years, Chief Financial OfficerJugeshinder Singh had said previously....