defunct Simplifly Deccan and Kingfisher Airlines. Biotechnology Biotechnology is a rapidly expanding field in the city. Bangalore accounts for at least 97 of the approximately 240 biotechnology companies in India. Interest in Bangalore as a base for biotechnology companies stems from Karnataka's comprehensive biotechnology policy, described by the Karnataka Vision Group on Biotechnology. In 2003–2004, Karnataka attracted the maximum venture capital funding for biotechnology in the country - $8 million. Biocon, headquartered in Bangalore, is the nation's leading biotechnology company and ranks 16th in the world in revenues. Institute of Bioinformatics and Applied Biotechnology (IBAB), initiated by Biotechnology vision group, ICICI and Biocon (located at ITPL) is trying to shape revolutionary scientists in the field. Like the software industry which initially drew most of its workforce from the local public sector engineering industries, the biotechnology industry had access to talent from the National Center of Biological Sciences (NCBS) and the Indian Institute of Science (IISc). Manufacturing Other heavy industries in Bangalore include Bharat Electronics Limited, Bharat Heavy Electricals Limited (BHEL), Indian Telephone Industries (ITI), Bharat Earth Movers Limited (BEML), HMT (formerly Hindustan Machine Tools), Hindustan Motors (HM) and ABB Group. Bangalore is also becoming a destination for the automotive industry. Volvo and many other auto suppliers have manufacturing plants in Bangalore. Bangalore houses many small and medium scale industries in its Peenya industrial area that claimed to be one of the biggest in Asia 30-years ago; newly including Apple's India manufacturing plant - the only active plant in the world outside of China. Other sectors Food: The city has several types of entrepreneurial pursuits that have shaped it along the way from the early '90s. The city is known for several restaurateurs who innovated on fast service models popularly called Darshini restaurants that served hot breakfast and beverages. Orkla foods, the Norwegian foods company bought MTR Foods, traditional ready-to-eat consumer goods brand in 2007 for approximately $60m. A recent $100m brand is ID foods, fast becoming popular in retail. Swiggy an on-demand food delivery Unicorn is popular along with Zomato, a restaurant review, listing and food delivery business, that initially started in Bangalore. FreshMenu is a near unicorn cloud kitchen business that only delivers via mobile apps and other on-demand food apps. Cafe Coffee Day, a listed entity is a coffee store chain with stores in Prague, Bratislava, Riga and Warsaw. Chai Point is a chain of tea stores founded