Hindustan Times ST (Mumbai)

HOPE THERESA MAY GETS BEST DEAL FOR UK: SWRAJ PAUL

- HT Correspond­ent

LONDON: Noted industrial­ist Swraj Paul on Wednesday blamed “inappropri­ate scare tactics” for Britain voting to leave the European Union in last year’s referendum, but hoped that the Theresa May govern ment will now achieve the best possible deal for the country.

Delivering the keynote address at a manufactur­ing con ference at the University of Wol verhampton, Paul, who is also the university’s chancellor called himself “a very strong European” who would have liked Britain to remain in the EU

“Unfortunat­ely, and mainly due to inappropri­ate scare tac tics, the country voted to leave Those who thought that alarm ing people was a good strategy are now calling for a second ref erendum,” Paul, who wanted Britain to join the Euro, said.

“But the country has made a democratic decision and as a democrat I believe we should uphold that decision.”

Globalisat­ion, Paul said, pre sented opportunit­ies for busi nesses, including developing effective and sustainabl­e R&D collaborat­ions. Chairman of the Caparo Group, Paul also recounted the principles that guided his journey over the years.

“I certainly don’t profess to have all the answers but I would like to share with you some of the experience­s that have shaped my career. At a very early age my parents taught me that there is dignity in all kinds of work and you must apply yourself accord ingly.”

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