Mumbai International Airport—which operates India’s second-largest gateway—plans to invest $1.1 billion over the next five years to expand and modernize its infrastructure.

Mumbai International Airport Ltd, a subsidiary of Adani Airport Holdings, has secured a $750 million investment from a group led by affiliates of Apollo-managed funds and other long-term backers, the U.

The private company managing Mumbai’s Chhatrapati Shivaji Maharaj International Airport (BOM) has lined up $1 billion in financing that it plans to invest in modernizing the airport.