Complex sentence: Tex was formed in New Delhi, India in 1987 by a group of Indian Institutes of Management alumni, and is one of the largest manufacturers and exporters of zipper and other fastening products for the apparel industry.
Split into simpler sentences: Tex was formed in New Delhi, India in 1987 by a group of Indian Institutes of Management alumni. It is one of the largest manufacturers and exporters of zipper and other fastening products for the apparel industry.