ID :
34952
Wed, 12/10/2008 - 20:05
Auther :
Shortlink :
http://m.oananews.org//node/34952
The shortlink copeid
Swraj Paul is Deputy Speaker in the House of Lords
H S Rao
London, Dec 10 (PTI) Leading Non-Resident Indian (NRI)
entrepreneur Lord Swraj Paul has scripted history by becoming
the first Asian deputy speaker of the British House of Lords.
Though people of Indian origin have held ministerial
berths in the British cabinet, this is the first time an
Indian has been appointed to such a high position in UK's
Parliament.
"I am honoured," said Lord Paul in his reaction to the
announcement.
He said it was an honour "for a person who comes from a
freedom fighters' family from India. In fact, my name Swraj
was given because this was a slogan of Mahatma Gandhi - We
want Swaraj (freedom)," Lord Paul, founder of multinational
national company Caparo, told PTI Tuesday night.
"It speaks a great deal about British and the British
system of democracy and is also a tribute to the country of my
origin (India). I am looking forward to serving the
Parliament."
The Speaker or Deputy Speaker preside over the house of
Lords session, sitting on the Woolsack, a large red seat
stuffed with wool, at the front of the Lords Chamber.
Conferred the Peerage in 1996 and honoured with the Padma
Bhushan by President of India in 1983, 77-year-old Lord Paul
is one of the most famous Indian origin entrepreneurs based in
Britain.
He is the founder of the multinational company Caparo,
the UK-based steel and engineering group, with an annual
turnover of 1.5 billion pounds.
Lord Paul was born in Jalandhar in the northern Indian
state of Punjab in 1931. His father ran a small foundry, which
made steel buckets and farming equipment.
Paul graduated from the Punjab University and
subsequently obtained a Bachelor's and Master's degrees in
Mechanical Engineering from the Massachusetts Institute of
Technology (MIT) in the USA.
After his return to India, Paul joined the Apeejay Group,
which his father had founded.
Destiny brought him to London in 1966 in search of
treatment for his daughter Ambika, who was suffering from
leukemia and after her untimely death, he stayed on.
Lord Paul started his business in Britain in 1968. After
acquiring one steel unit, he went on to acquire more units and
founded the Caparo group in the year 1978. Caparo developed
into one of the leading producers of welded steel tube and
spiral-welded pipe in the UK.
In 1996, Lord Paul stepped down from the management of
the Caparo group and handed over the reins to his three sons.
Lord Paul has won several honours and awards. He wrote
the biography of former Indian Prime Minister Indira Gandhi
and later he was awarded the Padma Bhushan in 1983.
Currently British Ambassador for Overseas Business, Lord
Paul is Chancellor of two universities -- the University of
Westminster and the University of Wolverhampton.
A philanthropist, Lord Paul donated one million pounds to
the London Zoo to save it from closure in 1993.
Lord Paul was also appointed as Chairman of the Olympic
Delivery Committee with the key task of providing
infrastructure for the London Olympics 2012. PTI HSR
PMR
NNNN