Overview

• He died in London on August 21 after a recent hospitalisation, with family present, according to relatives.
• Prime Minister Narendra Modi offered condolences on X, praising his contributions to industry, public service and India–UK ties; Paul served as a life peer in the House of Lords.
• He built Caparo into a global steel and engineering group with operations across the UK, North America, India and the Middle East, and was listed at No. 81 on the 2025 Sunday Times Rich List with about £2 billion.
• His philanthropy through the Ambika Paul Foundation supported children’s welfare, the Ambika Paul Children’s Zoo at London Zoo and major university gifts, later continued in memory of his wife and son.
• In the early 1980s he launched rare hostile bids for Escorts and DCM in India, episodes that spurred regulatory changes and reshaped promoter behavior in the country’s corporate landscape.