The Cabinet on Wednesday decided to form the Kerala Agro Business Company (Kabco) to promote the marketing of agricultural products.
Kabco will pave the way for processing and value addition of agricultural produce and formation of agri-parks and fruit parks in the State, said Agriculture Minister P. Prasad.
Kabco will be constituted in public-private partnership (PPP) mode on the lines of the Cochin International Airport Ltd (CIAL).