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.
