Lord Paul hopeful of Indo-UK trade

Leading UK-based NRI industrialist Lord Swaraj Paul has said that he proposed to make investments in Madhya Pradesh.

Lord Paul, who had a meeting with Chief Minister Digvijay Singh, told reporters in Indore on Friday night that his Caparo Group was planning to make investment in the state.

"We will talk on the issue after visiting Pithampur where the special economic zone is coming up," he said.

Lord Paul, who is also Britain's Business Ambassador, said the British industry was keen to make investments in India and he would encourage them to bring in more trade between the two countries.

Lord Paul is here to address two functions of CII and Indore Management Association.  He is also scheduled to visit Caparo Industries' automobile components manufacturing facility and the Eicher plant at Pithampur.