IIT Bombay signed a Memorandum of Understanding with Distance State University, Costa Rica (Universidad Estatal a Distancia) on 24 October 2019, with both parties agreeing to the following fields of cooperation:
-Exchange of students for a given period through a recognised exchange program.
-Exchange of faculty members of the institutions.
-Exchange of documentation and research material.
-Coordinating in joint or collaborative research projects.
-Cooperating in efforts to commercialise technologies developed at the two institutions or partners in ways that are mutually beneficial.
-Any other cooperation of interest, being mutually pertinent and approved by both parties.