BlackRock Inc. plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence capabilities in the country, according to people familiar with the matter.

The largest asset management in the world, BlackRock Inc., is stepping up its efforts in India by adding about 1,200 new staff members to its support centers in Mumbai and Gurugram. The action demonstrates how multinational firms are using India’s talented labor for high-value operations,

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

BlackRock, the world's largest asset manager, is poised to expand its Indian workforce significantly by hiring nearly 1,200 employees, as per Bloomberg News. The recruitment drive is aimed at strengthening the company's artificial intelligence (AI) capabilities in the country.

BlackRock plans to recruit 1,200 employees in India to enhance AI capabilities and expand its iHubs in Mumbai and Gurugram.

BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI) capabilities in the country, according to sources familiar with the matter.