Vedanta (Aluminium Business) has signed a Memorandum of Understanding with Gujarat Alkalies and Chemicals (GACL), for exploring various business opportunities in the areas of caustic-chlorine and other allied businesses. In a joint press release, they said they aimed to recognise the potential of adding value to the businesses of both Vedanta Aluminium and Gujarat Alkalies and Chemicals, by adopting a collaborative approach based on their complementary skills, strengths, and common business interests to achieve synergy.