Rajeev Karwal

Rajeev Karwal is an Indian businessman. He is 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[1] in Uttar Pradesh, India.

Rajeev Karwal
Rajeev Karwal, Founder and CEO, Milagrow
Born (1963-04-11) 11 April 1963
NationalityIndian
Alma materInstitute of Management Technology, Ghaziabad
OccupationFounder and CEO of
Milagrow
Spouse(s)Shobha Karwal
ChildrenTwo sons
Websitewww.milagrowhumantech.com

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.[2] At LG Corp India‚ as their Vice President Sales & Marketing‚ he transformed the company.[3] 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. [4] His turnaround in Electrolux resulted in the company posting a 49% growth in sales.[5] [6] After stepping down from the post of President & CEO of the Consumer Durables Vertical of Reliance Retail,[7] he founded Milagrow Business and Knowledge Solutions[8]

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.[9]

Honours and Recognition
  • Economic Times India’s Most Powerful CEOs list 2004 [10]
  • Recipient of the 1st Most Distinguished Alumnus Award of IMT Ghaziabad when it was instituted in 2005. [11]
  • Was featured on the cover of Business Today, in the 1st ever listing of Top 25 Young Rising Stars of India Inc. [12]


References
  1. "Among IMT's innovators : Rajeev Karwal".
  2. "Man with a golden eye".
  3. "LG thinks big, looks ahead".
  4. "Rajeev Karwal quits Phillips to join Electrolux".
  5. "With Karwal at helm, Electrolux posts record 49% growth in sales".
  6. "The year 2005 is for turnaround : Rajeev Karwal".
  7. "Reliance Retail loses Karwal".
  8. "The SME Change Agent".
  9. "Rajeev Karwal to offer services to SMEs".
  10. "New entrants in India Inc's Power List".
  11. Service, PaGaLGuY com News (15 March 2008). "NR Narayana Murthy to preside at IMT Convocation 2008". PaGaLGuY. Retrieved 23 June 2019.
  12. "BUSINESS TODAY". archives.digitaltoday.in. Retrieved 23 June 2019.
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