Man who turned down TCS job to sell rice earns ₹25 lakh a year, claims viral X post | Today’s news
A viral post on X sparked an online debate after it claimed the man rejected a job offer from Tata Consultancy Services (TCS) and went on to build a rice distribution business that allegedly generates ₹25 million in annual income.
The story was shared by X user Ankit Pandey, who said his friend faced widespread criticism after he was rejected for a campus placement at TCS. According to the post, many people believed he made the wrong decision to leave the security of a corporate career.
Instead, the man allegedly got involved in the rice business, buying the produce directly from farmers from many villages and states. The rice is then cleaned, packaged under its own brand and delivered to a network of approximately 200 retail stores.
How the store works
Pandey also outlined the business model behind the venture. According to the post, rice is purchased from farmers for ₹35 per kilogram. There is an additional charge for packaging ₹3 per kilogram while shipping adds another ₹2, while the total cost of ₹40 per kilogram.
The packaged rice is then allegedly sold to retailers at the address ₹50 per kilogram. Retailers in turn sell it to customers for approx ₹55-57 per kilogram, resulting in a claimed margin of Rs ₹10 per kilogram for the company.
The post further claimed that the business supplies approximately 200 cents or 20,000 kilograms of rice to its retail partners every month. Based on these numbers, Pandey estimated that the business earns approx ₹25 million annually.
The post sparks a debate about entrepreneurship
Although the sales figures and operational details in the viral post have not been independently verified, the story has sparked a new debate about business, financial risk and whether a conventional corporate career is the only path to success.
Responding to the post, one user wrote: “Bro, life works on a very simple rule: more risk, more profit. At the time he took the biggest risk of his life and had no time to pay back.”
Another commented: “Whether you have a degree or not, owning your distribution and building a supply chain in the real economy will beat the standard company salary every time.”
A third user said: “It’s all about taking risks and pushing forward for the ultimate purpose of life; those who dare will achieve it.”
A fourth added, “It looks very simple, but it’s not that much. We need to be more responsible in our own business. Earning from business is much harder than getting a salary from TCS.”
(Disclaimer: This report is based on user generated content from social media. Livemint has not independently verified and does not endorse these claims.)
