NIIT Technologies wins multi-year contract from British Airways, to focus on travel, transport and retail segments

"Our focus through specialization in the travel and transport industry has differentiated the company. This has lead to a growing base of satisfied clients like BA. The recent No.1 ranking in the Black Book of Outsourcing 2008 in the Travel Industry survey confirms NIIT as a global leader in this sector. We aim to deliver world class service for all our clients," Pandey said.

Recently, the firm said it is trying to push up revenues from its travel, financial services and retail sectors to over 90 percent from the present 80 percent.

According to NIIT Technologies CEO Arvind Thakur, due to the slowdown in the banking, financial services and insurance (BFSI) segment, the firm is focusing on growth in travel and retail segments.

On Tuesday, NIIT Technologies had won a contract from Cathay Pacific Airways for the development of a warehouse operating system for its new cargo terminal at Hong Kong International Airport.

"We are sharply focused on the travel and transport segment and these wins have positioned us well and given us good visibility," Thakur said, adding it would add to the revenues from this segment.

Presently, BFSI segment accounts for about 42 percent of NIIT Technologies' revenues while the travel and transport segment contributes to 28 percent of its revenues.