Bangalore: Global chipmaker Intel Corporation on June 10 said it was looking at India as a major hub for "chip design" besides developing software for its architecture.

"India is predominant for software development and now we have added chip development...It is a hub where we are developing products," Intel President and Chief Operating Officer Paul S Otellini told reporters in Bangalore.

He said access to talent pool of engineers and the single benefit of incremental low costs was an advantage for Intel to look at India for outsourcing software work.

Terming China as a major centre for chip production, Otellini dismissed media reports that the global chipmaker was planning a fabrication unit in India. "We have no such plans (for chip fabs)," he said.

Equating China, Latin America, South East Asia and East Europe with India as "potential large market", he said the company was increasing its sales and marketing in these regions.

"We are looking at these markets for over 10 years..we have a policy of long term path in these markets...In fact, our revenues from these markets are growing and not from North America," Otellini said.

Otellini who arrived from Mumbai met Karnataka Chief Minister S M Krishna and also interacted with Intel officials and developers here. Intel plans to build a $ 41 billion campus in Bangalore and increase its strength from 1,100 to 3,000 by 2005.

PTI