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Lord Swraj Paul wins top honour at Asian Business Awards
ONE of Britain’s best-known industrialists scooped the top honour at the annual Asian Business Awards last Friday (15).
Lord Swraj Paul, who founded Caparo, an international business conglomerate producing steel and niche engineering products, was recognised with the coveted Asian Business of the Year award.
The 94-year-old moved to the UK in the 1960s to seek medical treatment for his young daughter, Ambika (who passed away), but stayed on and set up his business empire, which has now diversified into hotels and property, power and logistics, finance and investment.
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The 23rd annual Asian Business Awards, which honours outstanding business leaders in the UK, took place on Friday 19th November 2021 at the capital’s newest 5-star hotel The Londoner Hotel. The event celebrated exceptional Asian entrepreneurs and businesses, which have led their respective industries and made a significant impact, particularly during the Coronavirus pandemic.
The Asian Rich List, launched annually at the Asian Business Awards, profiles the wealthiest 101 Asians in the UK. Compiled by a panel of external experts and editors of Asian Media Group (AMG), it is the definitive guide to the most successful High Net Worth individuals in the Asian community. The combined wealth of south Asians in 2022 is almost £100 billion. That’s an increase on last year’s £82 billion, a rise of more than 20 per cent.
The Asian Rich List profiles the top 101 highest earners in the British Asian communities. The compilation is the definitive and most authoritative guide to Asian wealth in Britain and remains a window to the substantial economic achievements of south Asian businesses.
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Tanuja Parekh
Asian Media Group
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