In rereading your post, it now sounds like you're putting spline flutes on a shaft for a steering wheel or tranmission output yoke.
It would be cheaper to Electro Discharge Machine (EDM) the flutes. The carbon electrode can be Wire EDM'ed to shape and then burn the shape over the shaft. Less involved than dressing grinding wheels and indexing the shsft.
If the shaft is through hardened and is transmitting much power, expect premature failures. If the shaft is only case hardened to retain a ductile core, the flutes can be machined with carbide cutters.
Need better description of application to suggest appropriate machining method.
RJS