The era when a country's progress and development depended solely on natural resources and minerals has been turned upside down with the advent of globalization. No matter how small a country is, if it gains a foothold in the field of technological products, it can gain a strong economic base even without natural resource investments. The biggest example is Taiwan, which sells semiconductors with the help of AI technology. The small country of Taiwan earned $25.3 billion by exporting technological equipment, including semiconductors, to the United States.

India's potential in many areas, including semiconductor manufacturing, is many times greater than that of Taiwan. India is trying to take off on that path, albeit late, through projects like Atmanirbhar Bharat. India has a large workforce of young people with intellectual prowess. It is unfortunate that this is often not utilised properly due to lack of opportunities. In the United States itself, the majority of giant companies are headed by people of Indian origin. It is to be assumed that the time is not far when this talent of Indians will be utilised in India. The biggest opportunities for this are coming in the space, defence and technology sectors in India.

The latest news is that HAL is planning to build the first full-fledged passenger aircraft in India in collaboration with a Russian company. This is an initiative that will awaken the sense of pride in every Indian citizen, that 'Let us fly our own planes'. The 100-seat twin-engine Sukhoi Super Jet will be built. India has paid the most to the United States to buy aircraft so far. The crores that used to flow abroad to buy aircraft will also decrease in the future, when our own aircraft initiative is successful. Moreover, many underdeveloped countries of the world will have the opportunity to buy quality aircraft from India at a relatively low price.

The significance and implications of this joint venture are immense in the context of the US imposing increased taxes on India in protest against oil imports from Russia. Although India has signed agreements with Russia for fighter jets like MiG 21, 27 and Sukhoi, this is the first time that it is participating in a civilian aircraft project. It is estimated that the country will need more than 200 domestic jets in the next 10 years. India has signed agreements with Boeing Company of America and Airbus Company of UK for this. There is no doubt that India's new venture with Russia will be a challenge for those countries as well. The entry of Atmanirbhar Bharat into new phases like this will bring the greatest hope to the youth of India.