Complex sentence: Paradip, a modern deepwater port, was built in the 1960s, and has now become a hot business destination due to the largest foreign direct investment (FDI) in India as POSCO is setting up a plant along with its own port for transportation.
Split into simpler sentences: Paradip, a modern deepwater port, was built in the 1960s. It has now become a business destination due to the large foreign direct investment (FDI) in India as POSCO is setting up a plant along with its own port for transportation.