Maanav is a struggling filmmaker who is unwilling to compromise on the script he has written. His girlfriend Ruchi, a successful film editor, arranges for him to meet Nitin, a film producer. Nitin likes the script, but is not very sure of its commercial prospects. Maanav then suggests a story from the Panchtantra: A woman is caught red-handed with her lover by her husband and yet, she manages to wriggle out of it scot-free!

Nitin loves the story, but finds it too short for a feature film. Maanav then creates three more stories based on the same premise: in a way, the Panchantra story travels in different versions to the modern times through the film. The four stories are woven together by a common story. Mirch itself echoes this structure, with four stories mingling with the main narrative.

The message is simple - if you have your wits about you, you can salvage even the most impossible situation.

At a deeper level, Mirch is about the gender equality in relationship; and at a still deeper level, it is about how an artist finds creative freedom in today's mercantile world?