China’s developmental path moved from agriculture into manufacturing, before transiting to the services sector. In summary, China’s policies were embedded in incremental reforms, innovations and experimentation, export-led growth, state capitalism and authoritarianism.
The Indian model leaned towards a shift to services sector and ICT, as its growth was induced by rapid growth in technological advancement in the services sector through the mechanism of free market, education and innovation. The country’s developmental path directly transformed into the services sector from the agricultural sector, with the manufacturing sector remaining light.