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PM Narendra Modi Mourns NRI Tycoon Lord Swraj Paul, Hails His Legacy of Philanthropy and Public Service

Lord Swraj Paul founded the Caparo Group, led philanthropic efforts including the Ambika Paul Foundation, and was honored with the Padma Bhushan for his contributions to industry and charity.

  • Lord Swraj Paul, a 94-year-old Indian-origin British industrialist and philanthropist, died on 21 August 2025 in London.
  • He relocated to the UK in 1966 to seek medical care for his daughter Ambika, who was battling cancer, and two years later, he launched what would become the Caparo Group, growing it into an international conglomerate.
  • Since 1996, Paul has been a member of the House of Lords, held a long-standing leadership role at the University of Wolverhampton, and established the Indo-British Association in 1975 to strengthen ties between India and the UK.
  • He ranked 81st on the Sunday Times Rich List in 2025 with wealth of GBP 2 billion mainly from Caparo, and Modi called him an 'outstanding industrialist and philanthropist'.
  • PM Modi and peers mourned his death, praising his philanthropy, support for India-UK ties, and lasting impact on industry and public service.
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Live Mint broke the news in New Delhi, India on Friday, August 22, 2025.
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