As per the update that we received from the Product Team, they suggested replacing the touchpad with a different version than the one that was shipped with the system, hence we proceeded with the touchpad assembly replacement.  
Hi all, As many of us are facing issues with the Inspiron 7610 touchpad, I have noticed that Dell has not taken a position on this and refuses to do anything besides forcing you to send in the laptop (and change out parts to no avail). I will be making a running list of links of reports of the same issue online. Comment if you are also having the same issue or find other links sharing the same issue. Thanks! Wish I did not not buy the Inspiron 16 7610 Dell Inspiron 16 7610 touchpad - Dell Community Inspiron 7610 touchpad problems with random taps and swipes - Dell Community Inspiron 7610 touchpad laggy after software update and when plugged in - Dell Community Inspiron 7610 Ratings (1-Star Reviews mention the issue) Dell Inspiron 16 Plus Laptop | Dell USA   Reddit [URL] [URL] [URL] Dell Inspiron 16 Plus (7610) - Has Linux found a new best friend? : linuxhardware (reddit.com) Dell Inspiron 16 Plus: Best linux productivity laptop I've ever had (working in academia) : linuxhardware (reddit.com) For the bottom two links, look at their updated comments at the top.
Running List of Inspiron 7610 Touchpad Issue Posts