with this RIL-FUTURE group deal what will be the impact on D-mart?

I don’t there will be any immediate impact on D-Mart. The company has set up a very strong owned franchise across India with focus on taking the shop to the customer largely along the Wal-Mart model in the US. That is going to be hard to break.

D-Mart some other advantages in terms of the best efficiency ratios in terms of profit per employee or profit per square foot. The Reliance model is going to be more digital in nature and for now may not come in conflict with the D-Mart model.