Hi Dinesh,
Upon further examination of this layer that you have, it appears to be a WMTS layer that is not loading.
The link to the layer also appears to not work for myself and does not work in ArcGIS Desktop.
However, this does load in the web map viewer. I believe the WMTS format of the data may be what is causing the issue here as tiled services coming from other providers and their formats seem to work without issue.
I may need to do additional research here to see what exactly is going on.