NRI industrialist and founder of the Caparo Group, Lord Swraj Paul, has passed away in London at the age of 94. Paul, who had been unwell for a long time, breathed his last in the presence of his family. Prime Minister Modi, along with several other leaders, paid tribute, remembering his contributions.
Lord Swraj Paul demise: NRI industrialist and founder of the Caparo Group, Lord Swraj Paul, passed away in London on Thursday evening at the age of 94. Born in Jalandhar, Paul had been unwell for a long time and was recently hospitalized. His company, Caparo Group, operates in the steel and engineering sector across more than 40 countries. Prime Minister Narendra Modi expressed his deep condolences on his demise, describing his contributions to industry, philanthropy, and India-UK relations as unforgettable.
Founder of Caparo Group
Lord Swraj Paul was one of the most prominent industrialists of Indian origin based in Britain. He founded the Caparo Group in the steel and engineering sector. Today, the company has a multinational presence, with operations spread across more than 40 locations in the UK, North America, India, and the Middle East. His son, Akash Paul, is the Chairman of Caparo India and a Director of the Caparo Group.
Paul's name often appeared in the Sunday Times Rich List. This year, he was ranked 81st. His estimated wealth was around £2 billion, or approximately ₹21,000 crore. This wealth was mainly associated with the global business of the Caparo Group.
From Jalandhar to London
Swraj Paul was born in Jalandhar, Punjab. In the 1960s, he moved to Britain for the treatment of his daughter, Ambika. However, his daughter passed away from cancer at the young age of four. In memory of his daughter, he established the Ambika Paul Foundation. This foundation has undertaken several significant initiatives in the fields of education and health globally, making a major contribution to society.
While residing in Britain, Paul took trade and industry to new heights. He was not only regarded as a successful industrialist, but also known for his philanthropy and social service.
Contribution to Public Life
Lord Paul was made a member of the House of Lords in Britain. He played an active role in public life until his final days. Despite his declining health in recent months, he regularly attended the House of Lords. This is considered an example of his work ethic and dedication.
His colleague and member of the House of Lords, Lord Rami Ranger, paid tribute to him, saying that the passing of Swraj Paul is a great loss to both the Indian diaspora and Britain. He prayed for his soul to rest in peace.
Prime Minister Modi Expressed Grief
Prime Minister Narendra Modi expressed his deep condolences on the demise of Swraj Paul. He posted on X that Swraj Paul will always be remembered for his contributions to industry, philanthropy, and public service in Britain. Modi also said that he was an unwavering supporter of b relations with India. The Prime Minister wrote that memories of his many conversations with him will always remain fresh.
Swraj Paul also received special respect from the Government of India and its people. He was seen as an Indian diaspora member who never forgot his roots, even while living abroad.
Deep Connection with India
Although Swraj Paul settled in Britain, his deep connection with India always remained. He contributed to India's economic and social progress on many occasions. The foundation established by him also supported projects related to education and health in India.
His relations with India were so b that he was often seen as a bridge between India-UK relations. He was a leader of the Indian diaspora community of whom both countries were proud.
