Overview

• The 94-year-old died Thursday evening in London after a recent hospitalisation, with family at his side, according to relatives.
• Paul founded Caparo Group in the UK in 1968, growing it into a multinational across Europe, North America, India and the Middle East, and was ranked 81st on the 2025 Sunday Times Rich List at about £2 billion.
• A Labour life peer since 1996, he later became the first person of Indian heritage to serve as Deputy Speaker of the House of Lords in 2008 and spent over 26 years as Chancellor of the University of Wolverhampton.
• His Ambika Paul Foundation—renamed the Aruna and Ambika Paul Foundation—funded children’s health and education projects, including the Ambika Paul Children’s Zoo at London Zoo, reflecting personal family losses.
• Condolences came from Prime Minister Narendra Modi and British Indian peers, who hailed his role in strengthening UK–India links, his Privy Council appointment in 2009, and his co-chairing of the India–UK Round Table.