diff --git a/nemo_export_deploy_common/package_info.py b/nemo_export_deploy_common/package_info.py
index 029ed78e9..5d7b078c6 100644
--- a/nemo_export_deploy_common/package_info.py
+++ b/nemo_export_deploy_common/package_info.py
@@ -14,9 +14,9 @@
 
 
 MAJOR = 0
-MINOR = 2
+MINOR = 3
 PATCH = 0
-PRE_RELEASE = "rc3"
+PRE_RELEASE = "rc0"
 
 # Use the following formatting: (major, minor, patch, pre-release)
 VERSION = (MAJOR, MINOR, PATCH, PRE_RELEASE)