A businessman recently highlighted the exact financial benefits of Trivandrum port. Sending a single container to Canada via TRV saved USD 3,000. At current exchange rates, this translates to a saving of INR 286,650 per container.
The KP Group of Companies in Kottayam shared this first experience, comparing TRV’s benefits with the rates of the neighbouring port they previously used. They also benefit from a drastically reduced transit time. Cargo reaches the port of Montreal in Canada in just 34 days, compared to the usual 60-70 days. This time saving allows the company to double its business volume if orders are available. While the exact financial gain remains a company secret, it will clearly double employment days. Because the product is rubber-based, purchasing more rubber will directly help local farmers. The broader impact of these savings in time and money on exports requires detailed study.
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