@Sathish Bonifash , I guess, here you need to use the Microsoft Graph API to create the User's outlook calendar. You can use the following doc to get more understanding on the API, https://learn.microsoft.com/en-us/graph/api/calendar-post-events?view=graph-rest-1.0&tabs=http
Also, would like to state that when you use this API, you would have to fetch a token from AAD as a user, and only that user can use that token to create a calendar for himself/herself.
In the case of shared calendars only, someone else can create a calendar event for someone else.
Hope this helps.
Do let us know if this helps and if there are any more queries around this, please do let us know so that we can help you further. Also, please do not forget to accept the response as Answer; if the above response helped in answering your query.