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Did Ram Charan invest Rs 50 crore?
By: Tupaki Desk | 24 July 2014 10:01 AM GMT
Speculations are abuzz that Ram Charan has invested Rs 50 crore in his Airlines business 'Turbo Megha'.
Vankayalapati Umesh, MD of Turbo Megha & Charan's business partner, informed that the actor has made a small investment and all the other investors have also been from Hyderabad itself. He, however, refused to reveal the actual budget of the project.
Umesh informed Turbo Megha would initially run leased aircrafts (ATRs and Bombardier Q400s) and then move to flying own aircrafts sometime in future. He admits Airlines business isn't easy task but ensures profits if made right moves. Hence, They investors aren't in a hurry and they are ensuring every step taken is correct.
Umesh reveals Ram Charan is excited about the project and has been in regular touch to know the developments even though he was busy shooting for 'GAV' in Pollachi. The Young Hero is likely to be the brand ambassador of the Airlines and press meet will be held by the end of July with all the partners.
Vankayalapati Umesh, MD of Turbo Megha & Charan's business partner, informed that the actor has made a small investment and all the other investors have also been from Hyderabad itself. He, however, refused to reveal the actual budget of the project.
Umesh informed Turbo Megha would initially run leased aircrafts (ATRs and Bombardier Q400s) and then move to flying own aircrafts sometime in future. He admits Airlines business isn't easy task but ensures profits if made right moves. Hence, They investors aren't in a hurry and they are ensuring every step taken is correct.
Umesh reveals Ram Charan is excited about the project and has been in regular touch to know the developments even though he was busy shooting for 'GAV' in Pollachi. The Young Hero is likely to be the brand ambassador of the Airlines and press meet will be held by the end of July with all the partners.
