Feature: T1 Line
August 1, 2007
What is Caparo?
Caparo is a U.K.-based industrial giant that specializes in the
manufacture and supply of steel and engineering products. Founded by Lord Paul
in 1968, the company posted a group turnover of $1.2 billion last year and is
one of the automotive industry’s fastest-growing suppliers, with turnover
predicted to top $3 billion by 2012. It employs 5,670 staff in the U.K., India,
China, Dubai, Spain and America, where it owns the Bull Moose Tube Company.
"We see transport as a key role in Caparo’s portfolio," says Caparo Chief Executive Angad Paul. "Our goal is to help carmakers create a new generation of more fuel-efficient and lightweight family cars with significantly lower emissions more in keeping with the needs of the 21st century." Which explains why the company has invested around $10 million in Caparo Vehicle Technologies, the team behind the T1. "Think of it as a very fast moving billboard for our business," says Paul.
Caparo Vehicle Technologies
www.caparo-t1.com
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