Mumbai: Several IT companies, in updates on the recent US H-1B visa regulation changes, said the impact will be minimal as they are focused on local hiring, and the changes could encourage greater offshoring of work to India. Hexaware Technologies, in its update, said: "Based on our current assessment, the impact on the company is expected to be immaterial." Zensar Technologies said: "We do not foresee any significant impact on our financials or operations, given our lower dependency on H-1B visas. Over the years, the company has focused on local hiring and nearshoring, and we will continue to do so. InfoBeans Technology, another BSE-listed company, said: "As less than 1 per cent of the company’s revenue is linked to H-1B visa holders, the impact on operations and financials is insignificant.