India, Feb. 6 -- BlackRock Inc., the world's largest asset manager, is set to expand its India operations by hiring around 1,200 employees across its support hubs in Mumbai and Gurugram, Moneycontrol reported on Wednesday.

This hiring spree will boost BlackRock's workforce in these cities by nearly one-third, adding to its existing 3,500 employees.

The company is particularly focused on hiring engineers and data specialists to strengthen these functions.

BlackRock expands office space in Mumbai

To accommodate its growing workforce, BlackRock has secured additional office space in Mumbai's Goregaon from Oberoi Realty Ltd. The lease agreement, valued at approximately Rs.4 billion ($45.9 million), was first reported by The Economic Times...