He was credited with bringing
LG Corp to India in 1997. Karwal also served as the CEO of
Electrolux Kelvinator and also of
Reliance Retail. He is an alumnus of
Institute of Management Technology, Ghaziabad in
Uttar Pradesh, India. Karwal began working at
Onida Electronics as the Marketing Executive and became the Deputy General Manager. He went on to work with the Kishinchand Chellaram Group‚ in the Canary Islands‚ Spain. He joined Surya Roshini Limited and brought about an outstanding business turnaround in a very short time. At
LG Corp India‚ as their Vice President Sales & Marketing‚ he transformed the company. From LG he moved in as Business Head of Consumer Electronics at
Philips. He then moved on to become the Managing Director at
Electrolux India. His turnaround in
Electrolux resulted in the company posting a 49% growth in sales. After stepping down from the post of President & CEO of the Consumer Durables Vertical of
Reliance Retail, he founded Milagrow Business and Knowledge Solutions. Karwal founded Milagrow Business and Knowledge Solutions in 2007. It came into existence with the aim of offering support as a venture catalyst to fill the 'Management Capital' need gaps of growth-seeking - micro,
small and medium businesses. He died on 12 May 2021 after contracting
COVID-19. == Honours and recognition==