Renowned Indian industrialist Lord Swaraj Pal has passed away at 94 in London, where he was recently hospitalized.

Prime Minister Narendra Modi expressed his condolences, remembering him as a philanthropist dedicated to industry development and public welfare.

Indian-origin business leader Swaraj Pal, celebrated as a trailblazer among non-resident Indians, played a pivotal role in deepening connections between the UK and India.

He moved to Britain in 1966 for his daughter's treatment and later founded the Caparo Group, pioneering steel, engineering, and property sectors, eventually becoming Britain’s richest Asian. He played a significant role in business and politics for decades.