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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 Asian Business Awards, which celebrated its 25th anniversary in 2024, have become the biggest celebration of Asian enterprise in Britain, highlighting the talent, drive and passion synonymous with the community. It's the business event of the year, where we recognise the very best businesses in a variety of sectors.
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, it is the definitive guide to the most successful high net worth individuals in the Asian community.
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. The entry point to get onto the list in 2010 was £25 million. In 2022, it was £120m, and next year the figure has gone up to £125m, demonstrating the significant contribution of British Asians to the UK economy.
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Tanuja Parekh
Asian Media Group
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