The renowned Caparo Group is planning to spread its wings to India to expand its operations from current five percent to around one third of the total business, says NRI industrialist Lord Swraj Paul, Chairman of the Caparo Group.

The group is spread over at least three continents and operates sixty percent of its business in Britain, thirty five percent in the US, and less than five percent in India, reveals Lord Paul who is also the British ambassador for Overseas Business. 

Lord Paul wanted to retire in the year 1996 but his sons did not let him go and continued working under their father’s guidance which has always encouraged them to scale new heights. One of his sons, Angad is handling the Caparo (India). Moreover, the group has started shaping up its objective with seven plants already built in India in the past few years. Another nine plants are under construction.

74-year-old Lord Paul aims at setting up around a dozen plants across India to expand the Indian operation to around one third of the company’s total business.

Lord Paul talks enthusiastically about his newest project Caparo T1 which is company’s first effort to make a foray into developing car technology. "It's a racing car, but also designed for the roads. It will be a two-seater, with a little place in the back, like the Aston martin," Lord Paul said. And it will retail at around 200,000 pounds.