Costa Rica is stepping up efforts to attract Indian technology companies and Global Capability Centres (GCCs), positioning itself as a nearshore base for businesses looking to expand their services, artificial intelligence and digital operations across the Americas.
The Foreign Trade Promoter of Costa Rica (PROCOMER) conducted an investment mission in Hyderabad and Bengaluru from September 21 to 26, targeting companies considering new investments or international expansion.
The mission focused on attracting operations across GCCs, Global Business Services (GBS), shared services, engineering, digital transformation and other knowledge-intensive functions. Costa Rica is pitching itself as a platform from which Indian companies can support customers and operations across North and Latin America.
PROCOMER General Manager Laura López said India is playing a growing role in global services and artificial intelligence, while Costa Rica has built an ecosystem capable of supporting sophisticated operations across more than 45 markets and in up to eight languages.
India's GCC ecosystem has become a key focus of the investment push. Citing data from Nasscom and Zinnov, PROCOMER said India is home to more than 2,100 GCCs across 3,728 operations, employing approximately 2.36 million professionals. The ecosystem generates close to $98.4 billion, while more than 1,200 centres have incorporated artificial intelligence and machine learning capabilities.
As part of the mission, PROCOMER held meetings with companies evaluating new investments and international expansion. It also engaged with organisations including T-Hub and Nasscom to develop industry connections and identify potential investment opportunities.
A country promotion roundtable involving business owners, chief executives and GCC leaders was also organised, with participation from representatives of AmCham Hyderabad and the Hyderabad Software Enterprises Association. Hyderabad and Bengaluru were selected because of their concentration of multinational companies, technology talent, GCCs and businesses working across software, AI and digital transformation.
The outreach comes as Costa Rica looks to diversify the sources of foreign direct investment and attract more technology-intensive operations. PROCOMER said the country already hosts more than 350 multinational companies in its corporate services ecosystem, supporting operations across more than 45 countries.
Indian technology companies have also been expanding locally. In May, technology services company Feuji opened a new services centre in Heredia and announced plans to create up to 150 jobs over three years, including roles in AI, machine learning, software development and cybersecurity.
Costa Rica's latest India outreach places GCCs and AI-led services at the centre of its efforts to bring higher-value technology and corporate operations into the country.
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