Noida: BlackRock is planning to hire 1,200 people to expand its two support hubs in India, according to a Bloomberg News report.
The world’s largest asset manager aims to strengthen its artificial intelligence (AI) capabilities in the country through this expansion.
These support centres, known as iHubs, are located in Mumbai and Gurugram.
The new recruitment drive will push the total workforce in these two cities to approximately 3,500, including additional engineers and data specialists, the report stated.
Additionally, BlackRock is acquiring a global capabilities centre in Bengaluru, India’s tech hub, through its planned acquisition of data provider Peqin. This centre is expected to house around 1,500 employees.
BlackRock is yet to release any statement on the matter.
