<h1>India's Exports Grow 29.5% in April-Dec 2010; UAE Becomes Top Trade Partner; SEZs Boost Employment.</h1> India's cumulative export growth for April-December 2010-11 was 29.5%, totaling US$ 164.7 billion, with significant contributions from Special Economic Zones (SEZs) and employment reaching 644,073. Despite a trade deficit increase to US$ 82 billion, export growth outpaced imports, easing concerns over the current account deficit. The UAE emerged as India's largest trading partner, surpassing the USA and China. While merchandise exports ranked 21st globally, services exports saw a decline. Government policies aimed at boosting exports and employment included fiscal incentives and market diversification. Challenges remain due to global trade fluctuations and potential protectionist measures.