(Redirected from Swraj Paul)
'Swraj Paul, Baron Paul' (born
1931) is an
Indian-born,
British-based business magnate and
philanthropist. He was knighted by the Queen in
1978. In
1996 he became a
life peer, i.e. a member of the
House of Lords, taking the title 'Baron Paul' of
Marylebone in the City of
Westminster.
Background
Swaraj Paul was born in
Jalandhar in 1931. His father ran a small foundry, making steel buckets and farming equipment. Swraj Paul was educated at the
Punjab University and later obtained a Master's degree in
mechanical engineering from the
Massachusetts Institute of Technology (MIT) in the US.
On his return to India, Swaraj joined the
Apeejay Group, which his father had founded. It was a twist of fate that he had to visit
London to get his daughter treated for
leukemia. He took over the operations of Apeejay Overseas and relocated permanently to London in
1966. After the Apeejay family partition, Lord Swaraj Paul renamed the company Caparo. From acquiring one steel unit, he went on to acquire more and founded the
Caparo group in
1978, which developed into one of the leading producers of welded steel tube and spiral welded pipe in the UK.He stepped down from the management of the Caparo group in 1996, handing over his empire to his three sons.
Despite being one of the richest people in the UK, Lord Paul lives a very simple life. In his memoirs, 'Beyond Boundaries', Lord Paul reflects on the main events of his life. It contains the details of his business career, including his attempted takeover of the DCM and Escorts group, and his association with the famous and the mighty, including the Indian political dynasty of
Indira Gandhi (whose biography he wrote) and her sons Sanjay and Rajiv.
Lord Paul has received various awards and honours. He was awarded the
Padma Bhushan by Indira Gandhi in
1983 and the Bharat Gaurav award by the Indian Merchant's Chamber. He holds the Pro-Chancellorship of
Thames Valley University (1998) and its Governorship (1992-97), and the Chancellorship of the
University of Wolverhampton and the
University of Westminster. He is a member of the
Foreign Policy Centre Advisory Council and MIT's Mechanical Engineering Visiting Committee. He is the chairman of the Olympic Delivery Committee with the key task of initiating measures to acquire land and provide infra-structure for the
London Olympics 2012.
His sons have ambitious plans in India, moving ahead aggressively in business projects.
Trivia
★ In April 2005 Lord Paul made headlines when he decided to pull out all stops for the wedding reception of the year for his youngest son Angad at London's
Lancaster House. The wedding itself took place in
London Zoo.
★ He sent all his sons, twins Ambar and Akash, 47, and Angad, to
Harrow.
★ Lord Paul is a strict
vegetarian.
★ The industrialist donated twenty
lakh rupees (approx. £ 25000) to the victims of the October 2005 earthquake in India's Jammu and Kashmir. and at least £ 20000 to Gordon Brown for his campaign to become Prime Minister. He is not domiciled in the UK for tax purposes.