In India, even with the slowdown in the economy, the Hinduja group, according to the Rich List, has investment plans worth one billion pounds.
“We are hoping that we have a stable government. If a stable government comes, from 2016 our economy will be booming like before,” Gopi said, commenting on Lok Sabha election.
According to the List, at 83, Lord Swraj Paul could leave the running of his Caparo steel, automotive and engineering products empire in the capable hands of his children and grandchildren and spend the entire day playing golf, but this is not a proposition he regards with any enthusiasm.
“I have no doubt that Caparo is in very good hands. But my being here is a message to them also – I come here because my maximum enjoyment is here. You can enjoy your work as much as anything else,” Lord Paul said.
Lord Paul said the British economy is improving, “without any question. Certainly, there's more confidence. (At Caparo) the order books are better. The economy is definitely better but this improvement is fragile.”
He has reservations, though, about the banking and financial sectors.
