Mumbai/bengaluru, Aug. 19 -- South Korea's Posco Holdings is making a third bid to crack India's steel market-this time with local giant JSW Steel as partner. The two companies on Monday announced plans to set up a 6 million tonne per annum (mtpa) plant, likely in Odisha. Notably, Posco's first attempted steel plant in India, announced in 2005, was also in Odisha. A joint statement by the two companies did not mention the investment amount. However, two executives aware of the matter said the companies intend to spend Rs.70,000-80,000 crore ($8-9 billion) to set up the plant. According to these executives, who requested not to be named, a 900-acre land parcel that JSW Steel purchased in Odisha in the June quarter could be used for the proje...