Magic Mantra eyes Rs 50 cr turnover by next year

Somajiguda: Event Management company Magic Mantra, whose ratings reached 9.02 this year after starting at 2.10 in 2008 with a turnover of Rs 25 crore, hopes to achieve a target of Rs 50 crore, by going overseas, according to CEO Harilal Prasad. He told press persons on Sunday that popular film stars and models were involved in the firm’s campaign. Prasad said the parent organisation, Research Media Group, was doing advertising, visual ads and serials.  To conduct corporate events Magic Mantra was launched in 2008.

Research Media Group chairman J Chaitanya said it was offering services in various forms like advertising, celebrity hub, new wave advertising and entertainment. Creative heads A Lohith Kumar and Shani Salman stated that the recent Toyota Yaris car launch in Visakhapatnam by Magic Mantra had received wide appreciation. They said It would conduct an event by the Malaysia Telugu Association soon. Prominent Bollywood actress Divya Singh released the firm’s poster on its activities during the decade.