THE leading NRI industrialist Lord Swraj Paul’s late son and former chief executive of Caparo Group, Angad Paul, an entrepreneur and British film producer, has been posthumously honoured with Editor’s Special Award by a UK-based business association.
Lord Paul’s grandson Arush Paul received the award at the Asian Business Awards organised by Ramniklal Solanki, CBE, Editor in Chief of Asian Media and Marketing Group, from British lawmaker Seema Malhotra in the presence of a distinguished gathering including Indian High Commissioner to the UK Navtej Sarna.
Reading out the citation, Malhotra said: “Angad Paul was one of the rising stars of the business world and had been a winner previously at these awards. He took control of the family business at the age of 32 and it was his drive and passion which saw the company grow on an international scale in the UK, US and India.
“He was a man of many parts. An outstanding entrepreneur who loved films and racing cars so much that he was an executive producer to a number of box office hits and developed his own Formula Two cars. A few weeks after his passing, Hollywood paid tribute to this talented young businessman.”
Angad died in November last year, aged 45. Angad produced films including “Lock, Stock and Two Smoking Barrels” (pictured above), “Snatch” and “The Tournament”.
Remembering his late son, Lord Paul said, “Angad had a lot of passion for industry. He wanted to get more involved in India – he was the only child of ours who was not born in India and his enthusiasm for India was fantastic.”
He said in India, Caparo already has some 30 factories – and it may put up more possibly in and around Kolkata. He gave Angad much of the credit for Caparo’s expansion in India.
“The credit for what has happened in India (regarding Caparo’s expansion) since 1994 goes to him. He loved India and was very proud he was Indian. That is why I am determined to expand more in India,” said Lord Paul.