Hi @Chand Jogani ,
As the different purposes of Team Site and Communication Site, there is currently no direct way to meet your requirement.
There is a workaround for your reference.
1, Click on the Files tab in a given channel, then Add cloud storage.
2, From the list of available cloud storage options, choose SharePoint.
3, On the next screen, paste the URL of a library and click Next.
4, It will then display all available libraries on a site, choose the one you need, click Next.
5, After choosing the proper library, click Add folder.
6, It will now add a folder (link to the library) within the Files Tab in a channel.
7, And you can choose "Open in SharePoint".
Thanks,
Yanli Jiang
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