UK Asians' Role in Economy Hailed
British Asians generated a "staggering" ? 103 billion a year in the UK economy, even though many arrived in this country penniless, homeless and unable to speak English, according to a new report.
A study by the Institute of Asian Professionals showed that Asians made up 2.5% of the population, but accounted for 10% of the country's economic output.
Lords, entrepreneurs, financiers, scientists, lawyers, surgeons and community leaders are due to meet in London to mark their contributions.
The institute published an Asian Power List, adding that the research came at a time when many Asians felt their lives were under "intense scrutiny."
Chairman Khalid Darr said: "The figures are quite staggering. Many on the list arrived on these shores without a penny to their name, and they have built multi-million pound business empires.
"Entrepreneurship, coupled with a wonderful work ethic, fuelled with a desire to better oneself, is a potent force driving the British Asian business community."
Business leaders on the list included steel company magnate Lakshmi Mittal and Sir Gulam Noon, whose firm produces 1.2 million ready meals every week.