Chilly is the dried ripe fruit of the genus Capsicum. Known for the pungency and hotness it imparts to the dishes, it is extensively used as spice in curried dishes. Red Chilly Powder Affords Indian curries and gravies their appetising looks and legendary hot character. Raw, fried, roasted in your tadkas or added to curries, this little spice is not only delicious but also rich in so many vitamins. It comes with a pack of health benefits that it almost seems unbelievable.