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We consider two-stage inflationary
models in which a superheavy scale F-term hybrid inflation is followed by an
intermediate scale modular inflation. We confront these models with the
restrictions on the power spectrum of density perturbations P_R and the spectral
index n_s from the recent data within the power-law cosmological model with cold
dark matter and a cosmological constant. We show that these restrictions can be
met provided that the number of e-foldings N_HI* of the pivot scale k*=0.002/Mpc
during hybrid inflation is appropriately restricted. The additional e-foldings
required for solving the horizon and flatness problems can be naturally
generated by the subsequent modular inflation realized by a string axion.