Complex sentence: In 2002, the company incorporated IDFC Asset Management Company Ltd as a subsidiary company and Uttaranchal Infrastructure Development Company Ltd, a joint venture with the Government of Uttarakhand.
Split into simpler sentences: In 2002, the company incorporated IDFC Asset Management Company Ltd as a subsidiary company. Also, they incorporated a joint venture company, namely Uttaranchal Infrastructure Development Company Ltd with Government of Uttarakhand.