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Service Sector is the lifeline for the economic growth of a country. Service sector has emerged as the most dynamic sector of Indian economy particularly since last one and a half decade and this sector is contributing significantly to GDP, employment and structural transformations. Foreign direct investment has been instrumental behind the growth of service sector in India. The present paper focuses on the financial year-wise analysis of FDI equity inflows and to know the sectors attracting highest FDI equity inflows in India over the period of 2004-05 to 2014-15. The secondary data has used for study. The analysis has revealed that service sector attracts the highest amount of FDI inflows into India. DDTA (Double taxation avoidance agreement) between India and Mauritius helps in obtaining maximum FDI via Mauritius.
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