Tags: blackrock | india | hire

BlackRock to Hire 1,200 People in India Ramp-up

BlackRock to Hire 1,200 People in India Ramp-up
(AP)

Wednesday, 05 February 2025 07:39 AM EST

BlackRock plans to hire nearly 1,200 people to expand its two support hubs in India, Bloomberg News reported, citing people familiar with the matter.

The world's largest asset manager wants to build out its artificial intelligence (AI) capabilities in India with the expansion, the Tuesday report added.

The iHubs, as the centers are known, are in the country's financial hub Mumbai and in Gurugram, which is near the national capital New Delhi.

The new hires will add to the existing employee count of roughly 3,500 in the two cities and include more engineers and data experts, according to the report.

BlackRock is also inheriting a so-called global capabilities center in India's IT hub of Bengaluru through its proposed deal to acquire data provider Preqin, Bloomberg reported.

BlackRock said it does not comment on market speculation.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
BlackRock plans to hire nearly 1,200 people to expand its two support hubs in India, Bloomberg News reported.
blackrock, india, hire
135
2025-39-05
Wednesday, 05 February 2025 07:39 AM
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