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NRI industrialist Lord Swraj Paul is the sixth richest Asian in Britain

LONDON, JUNE 10, 2005
Lakhan Paul

A business magazine listed NRI industrialist Lord Swraj Paul is the sixth richest Asian in Britain. The Midlands-based steel firm Caparo Industries is the centrepiece of the empire which has assets of £275 million pounds

NRI, Lord (Swraj) Paul, Chairman of Caparo Group, is a leading businessman and an active member of the House of Lords. Born in Jalandhar, India in 1931, he was educated at Punjab University and the Massachusetts Institute of Technology, USA from which he graduated with a Masters degree in Mechanical Engineering in 1952.

Lord Paul came to the U.K. in 1966 and in 1968 founded Caparo, the U.K. based industrial company. He was raised to the Peerage as Baron Paul of Marylebone in October 1996.

Additionally, Lord Paul is an Ambassador for British Business, Chancellor of the University of Wolverhampton, and Co-chairman of the India-UK Round Table. He sits on the Boards of the UK Industrial Development Advisory Board, the London Development Agency, and London 2012. He is a member of the House of Lords Select Committee on Science & Technology and former member of the of House of Lords Select Committee on Economic Affairs.

He is actively involved in many charitable organizations, including the Ambika Paul Foundation, a charitable trust set up in memory of his daughter, and established the Ambika Paul Children’s Zoo at London Zoo.

He stayed on in this country and gained British citizenship in 1976.

He and his family own a string of companies across the Midlands and the Caparo Group is now run by his three sons, twins Ambar and Akash and youngest son Angad.


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