In 1968 Lord Paul took out a 5,000 loan and opened Natural Gas Tubes.

The company, based in Huntington in Cambridgeshire, manufactured spiral weld tubes and achieved first year sales of 14,000. In 2006 Caparo groups sales exceeded 625m. Lord Paul's roots go back to the little Punjab town of Jalandhar in India where, in 1910, his father started by making steel buckets, tubs, trunks and agricultural implements, and had a small foundry at the back of the family home. From this modest undertaking Apeejay Surrendra Group has grown into one of India's largest family owned industrial groups in a wide range of industries : steel, engineering, pharmaceuticals, hotels, shipping and tea. Lord Paul and his brothers grew up surrounded by their father's small business and succeeded him in its diversification and expansion. From his father, Lord Paul and his brothers learnt three important business lessons: integrity, hard work and the value of close family ties. Though the business prospered, the family continued to live frugally, following the Hindu prescription "simple living and high thinking". Anecdotes recall that when Lord Paul's mother was asked why she wore no jewels, she would proudly declare: "my sons are my jewels." This ethic of close family ties continued and Lord Paul attributes much of his business success to the moral and emotional support he received from his three brothers - Stya, Jit and Surrendra, and the happy home life created by his wife, Aruna. This web site provides an overview of the companies that make up the Caparo Group today. It also aims to tell you something of the internal spirit, the "what drives Caparo" story. Above all this is the story of a vision inspired by Lord Pauls daughter Ambika, who was responsible for his move to Englan Caparo India, the Indian business arm of Caparo Group, began its operations in 1994, as a joint venture with Indias largest car manufacturer Maruti Udyog. Today, through its two strategic business entities, Caparo Engineering India Pvt. Ltd. and Caparo Maruti Ltd, the group offers end-to-end solutions in designing, developing and manufacturing automotive systems, assemblies, advanced composites, modules and components to Indian Automotive OEMs and Engineering Industry. Caparo India leverages its exhaustive capabilities in metal Stamping, Fastening, Tubing, Forging and Aluminium Foundry businesses, coupled with its state-of-the-art Tool Room and R&D Centre, to service top-notch clients such as GM, Ford, Maruti, Honda, Tata Motors and JCB. The companys ability to offer complete lifecycle solutions backed by a global support system, technological superiority and customer orientation, make it a force to reckon with in its areas of expertise. "Caparo India currently employs 5000 direct and indirect employees across 25 world-class functional and upcoming facilities.

History of Caparo Group

2008 July 11 Caparo T1 smashes track record at Dubai Autodrome Caparo Vehicle Components, Inc. is formed which takes Caparo into the North 2007 November 01 American vehicle market 2007 June 15 Caparo Engineering acquire Polish forging company, Bomet 2007 June 07 Caparo T1 at Goodwood

2007 February 02 Caparo Precision Tubes acquire Hayes Tubes 2007 January 25 Sunil Pahilajani, country head for India, appointed to main board 2007 January 18 Caparo Engineering India Pvt Ltd. acquire the sheet metal business of IAL Sir Nick Scheele, former global COO of the Ford Motor Company, joins Caparo as Non2006 November 23 Executive Director 2006 November 03 Duke of York launches Caparo's 120 acre site in Chennai, India 2006 November 01 Caparo T1 makes debuts in America at the SEMA show Mint gallery hosts a one-off exhibition of designs from the Established and Sons 2006 October 09 collection Development of Studio Caparo, a bespoke design and manufacturing company, 2006 October 06 specialising in one-off pieces of furniture Purchase of Bridge Aluminium and the formation of Caparo Aluminium Bridge Aluminium is the largest UK aluminium gravity die caster and is a leading supplier of 2006 September 01 turbocharger and fuel injection components. Caparo is building Caparo Aluminium to be a leading global supplier of high quality, specialist aluminium cast components. 2006 August 01 Caparo Merchant Bar invest 6m in modifying two rolling mills 2006 May 01 Launch of Armacoil wire thread insert by Armstrong Precision Components Caparo Engineering Ltd acquire Zeus Aluminium Products, now renamed Caparo 2006 May 01 Aluminium Technologies 2006 April 23 Caparo T1 is launched in Monaco 2006 April 15 Caparo Vehicle Products acquire AP Braking of Leamington Spa Formation of Caparo Testing Technologies and purchase of controlling interest in 2006 April 03 Material Measurements Ltd. Caparo Vehicle Technolgies is launched Caparo Vehicle Technologies provides 2006 March 13 advanced technology development, materials engineering and design services to mainstream automotive, motorsport and aerospace markets. 2006 February 01 Creation of Vehicle Products division Inauguration of Bawal Stampings facility in India by Prof. Mervyn King, Governor of 2006 February 01 the Bank of England 2005 Summary : India:- Caparo Fasteners constructing new plant in Chopanki (RN). Caparo Engineering expansion in Pithampur (NP) and new plant in Greater Noida (UP). 2005 December 31 New Caparo India conference facility in Greater Noida (UP). Caparo Wire acquire H.S Pitt and Fairbright Industries. CMT Engineering's Dynamics division, acquire the vibration mounting business of Silvertown. 2004 Summary : Acquire Lipe Spain, Systems Scaffolding and Tyco European Tubing and Steel Strip, Caparo Steel Trading established. Caparo Maruti, India - Halol and 2004 December 31 Bawal plants established. Bull Moose Tube plant established in Casa Grande, Arizona, USA. 2003 Summary : Caparo Innovation Centre established - a collaboration with the 2003 December 31 University of Wolverhampton. 2002 Summary : Caparo Engineering India Pvt Ltd Pithampur, new pressing plant 2002 December 31 commences production. 2001 December 31 2001 Summary : Caparo Hotels acquire Bignell Park Hotel, Oxfordshire. 1997 December 31 Acquire Warren Tube Division, USA. 1995 December 31 Caparo Merchant Bar invests in a second fully automated steel re-rolling mill. 1994 December 31 From a greenfield site Caparo ventures into plastics with Nupac. Caparo opens new steel

pressing plant in Dehli, India as a joint venture with leading automotive company. The Ambika Paul Children's Zoo opens. Caparo celebrates 25 years! 1993 December 31 Sales now 360m. Record operating profits of 32m. 1991 December 31 Caparo Industries goes private. Buy back public 20%. 1990 June 01 Acquire Bock Industries, USA. 1989 December 31 Public takeover bid for Armstrong. 1988 December 31 Acquire Bull Moose Tubes, USA. 1986 December 31 UMB plant opened by the then Chancellor of the Exchequer, Mr Nigel Lawson. UMB joint company formed with British Steel Corporation to develop new merchant bar 1985 December 31 mill at Scunthorpe. 1984 December 31 Acquire Wrexham Wire now Caparo Wire 1983 December 31 Public takeover bid for Barton Group. 1981 December 31 Public takeover bid for CMT Acquire control of quoted public company LK Industrial Investments - becomes Caparo 1980 December 31 Industries. 1979 December 31 Caparo Group formed as holding company for all our activities. 1978 November 16 Tredegar Spiral Weld Mill opened by late Prime Minister of India, Mrs Indira Gandhi. 1977 June 03 Tredegar factory opened by HRH The Prince of Wales. 1975 December 31 Begin building the new NGT Tredegar site. Natural Gas Tubes starts making spiral weld tubes at Huntingdon First year sales 1968 December 31 14,000

Business Strategy

Our success in the years to come will continue to depend on the skill of our family and management in reacting to opportunities, whilst continuing with determination, integrity and the principles that have carried us successfully this far" Lord Paul. The Caparo group has been built through a combination of acquisitions, organic growth of established businesses and the development of greenfield projects. The Group is particularly proud of the latter, which demonstrates its skill at building technology based steel product companies from scratch, and penetrating export markets.

Under the leadership of Angad Paul, appointed as Chief Executive in 2002, Caparo continues this successful formula for growth. The grouping of independently managed business units, mainly operating in metal and related markets, gives both critical mass and a stable platform for growth. A customer oriented philosophy, striving to provide products, services and solutions of the highest quality at competitive prices is coupled with a lean and flat corporate structure ensuring low overheads and rapid decision making. These key features are at the core of Caparos success.
CAPARO GROUP

Caparo is more than a successful business enterprise - it is a story of people, of values and of human effort. Above all it is a story of faith and family" - Lord Paul, Chairman and Founder. Caparo Group, a UK based diversified conglomerate, is a world-leader in the manufacture and supply of sophisticated steel and engineering products. Headquartered in London, Caparos global operations are spread across over 60 sites in the UK, India, Spain, North America, Canada and Dubai and employ more than 6000 associates worldwide. Its exhaustive product portfolio comprises of steel tubes, aluminium die-castings, sheet metal pressings, steel pressings, steel bars and wires, auto fasteners, forgings, hand tools and engineering products custommade for the worlds leading automakers and engineering companies. Additionally, the Group is also involved in a wide range of activities encompassing materials testing services, hotels, film distribution and private equity investment.
CAPARO OBJECTIVE

COPORATE PHILOSOPHY

Caparo is something more than a successful enterprise.Its a story of people, of values and of human effort. Working together we can build Caparo with resolution, fortitude and ability. The goodwill and confidence in the efforts of our workers, our suppliers, our customers and our managers are the bedrock of our business. Always aspire for excellence; nothing else is good enough and never abandon hope. There is no such thing as bad business; only bad management. What I like is, people who are proud of what they do. Our aim and our goal is for Caparo always to be in top 10% industry performers. Success will happen so long as you work hard with integrity. Find excitement in industry..and in your own job in it. Cherish the enduring values of fidelity, truth and integrity.

CODE OF CONDUCT

Upholding the Caparo Name

Clients trust Caparo based on our capability and integrity -- qualities that underpin our reputation. We uphold that reputation. We seek to work with only those clients and suppliers who share our standards of legitimacy and integrity. We use all assets belonging to Caparo and to our clients, including tangible and intellectual assets, in a manner both responsible and appropriate to the business and only for legal and authorized purposes.

Behaving Professionally We offer only those services that we believe we can deliver. We compete vigorously, engaging only in practices that are legal and ethical. We meet our contractual obligations. We respect the confidentiality and privacy of our clients, our people and others with whom we do business. We disclose confidential information or personal data only when appropriate approval to do so has been obtained, and/or we are compelled to do so by legal or regulatory requirements. We aim to avoid conflicts of interest. Where potential conflicts are identified and we believe that the respective parties' interests can be properly safeguarded by the implementation of appropriate procedures, we will implement such procedures. When faced with difficult issues or issues that place Caparo at risk, we consult appropriate Caparo colleagues before taking action. It is unacceptable for us to receive or pay bribes or to offer or receive any form of inducement as a means to derive any un-worthy advantage, either over customers or suppliers. We believe that leadership demands courage, vision and integrity. We achieve excellence through innovation, learning, agility and team work.

Respecting Others We treat our colleagues, clients and others with whom we do business with respect, dignity, fairness and courtesy. We take pride in the diversity of our workforce and view it as a competitive advantage to be nurtured and expanded. We are committed to maintaining a work environment that is free from discrimination or harassment. We try to balance work and private life and help others to do the same. We invest in the continuing development of our skills and abilities. We provide a safe working environment for our people.

Corporate Citizenship We express support for fundamental human rights and avoid participating in business activities that abuse human rights. We act in a socially responsible manner, within the laws, customs and traditions of the countries in which we operate, and contribute in a responsible manner to the development of communities. We aspire to act in a manner that minimizes the detrimental environmental impacts of our business operations. We encourage the support of charitable, educational and community service activities.

We are committed to supporting international and local efforts to eliminate corruption

Caparo, as an organization takes pride not only in bringing world-class technology to its customers; but also in discharging its responsibility of creating an environment of inclusive growth in the country. At Caparo, Corporate Social Responsibility and concern for environment, health and safety are the intrinsic elements of the company's long term strategy. Caparo's CSR commitment is a manifestation of its determination to improve the quality of life of not only its employees, but the society at large. Some of the Company's key CSR initiatives are: Ambika Paul Foundation: Ambika Paul Foundation was set up in the memory of late Ambika Paul, Lord Pauls daughter, who sadly lost her battle with Leukaemia in 1968.The Foundation, promotes the well-being of children around the world through education, culture and health, and seeks to encourage and inspire them to learn about the world they live in In the UK the foundation supports a number of childrens charities, besides the Zoological Society of London. When London Zoo was under threat of closure, Lord Paul gave 1million to the Zoological Society of London, which used that donation for the rebuilding of the London Childrens Zoo in her name. In the United States, the Foundation supports the Ambika Paul Infant Lab Suite at Carnegie Mellon. Two research teams are working at this lab, to understand infant development with the objective of designing interventions to help children with developmental disabilities such as autism and specific language impairment. Bal Vadis: Caparo has joined hands with Bal Vadis to take care of the pre-school children of the labour class in Chennai. They are supported with healthy environment and proper nutrition. Bal Vadis help in building a good foundation for these children, so that they can be a part of any good school when they grow up.

In addition to the above, Caparo, as an organisation, is sensitive about environmental issues. Hence all the Company units have technologies in place to ensure that the pilferage and emissions are well within the limits. The units observe tree plantation drives to build a green look while keeping the environment healthy and safe.

Plant Name Award

Pithampur - I

Customer
VE Commercial Vehicles Ltd. 07-08

Year
Outstanding contribution in thearea of supply chain management

Pithampur - I

Eicher Motors

06-07

Outstanding Contribution For best contribution to Supply Chain Mgmt.

GLOBAL PRESENCE