Jio Financial Services is set to purchase $4.32 billion worth of telecom gear from Reliance Retail. This deal highlights the strong synergy within Mukesh Ambani’s Reliance conglomerate, reinforcing its robust internal supply chain. The acquisition aims to bolster Jio’s telecom infrastructure, enhancing its market competitiveness. Reliance Retail, already a giant in the Indian retail sector, stands to benefit significantly from this massive order, underscoring the interconnected growth strategy of Reliance’s various arms.