The Indian media "Economic Times" reported on April 20 that Xiaomi had set a target of 400 employees in India, but so far, the target has not been achieved.

In order to further expand its business in the Indian market, Xiaomi has launched a new office in Bangalore, India, which can accommodate 750 people-this seems to imply that Xiaomi may expand the size of its employees in India.

Xiaomi entered India four years ago, and it only took three years to turn losses into profits. Now, apart from China, India is already the second largest market for Xiaomi in the world. Despite this, Xiaomi still hopes to maintain its "entrepreneur" essence.

Xiaomi currently plans to implement KPA (Key Result Areas) and KPI (Key Performance Indicators) human resource new policies in the local market—as important human resource parameters for evaluating employee performance. They include revenue growth, retail network expansion, contribution to earnings, brand recall, advertising effectiveness, logistics costs and inventory base, etc.

He said:

He said:

"If there is no KRA reward system and KPI evaluation, it may lead to the gradual demise of the entrepreneurial culture of the company. Xiaomi may support this entrepreneurial culture for a year or two, because compared with several other brands, the size of the Xiaomi India team is still small. It’s small, while several other Indian smartphone brands still have a lot of volume, and it’s currently in expansion mode.”

The latest figures show that Xiaomi India's sales rose seven-fold to INR 83.79 billion in the 2016-17 financial year. According to International Data Corporation (IDC), a US market research firm, in the fourth quarter of last year, Xiaomi mobile phones captured 26.8% of the Indian smartphone market, surpassing South Korea's Samsung, which had a market share of 24.2%. However, IDC did not release data for the first quarter of this year.