Hey,
Thankfully the problem got sorted .
Here are the things I did :
Sort of the way, Jerryrigeverything checks durability test, did the same (it was anyway a piece of brick having tried restarting it almost 50 times ) and just tried restarting it one last time and Bang ! the touchscreen started working !!
I then took a backup and tried contacting a few other people through social cycles and it seems there are a few people who have faced such issues with Asus phones (1 Asus Zenfone 5z and 2 Max pro).
I am yet to understand why this problem came up in the first place and I would be absolutely willing to know why it happened in the first place.
@ARP_ASUS anything you would suggest ?
Regards
Saswata