Complex sentence: Terumo Penpol Limited (TPL) is a subsidiary of Terumo Corp., Japan, and is India's largest blood bag manufacturer and one of the largest producers of blood bags in Asia, outside of Japan.
Split into simpler sentences: Terumo Penpol Limited (TPL) is a subsidiary of Terumo Corp., Japan, and is India's largest blood bag manufacturer. It is also one of the largest producers of blood bags in Asia, outside of Japan.