diff --git a/CMakeLists.txt b/CMakeLists.txt
index e2e9fbf3b04..9e42d4faffc 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,8 +7,8 @@ set(CMAKE_POLICY_DEFAULT_CMP0069 NEW)
 
 # Fluent Bit Version
 set(FLB_VERSION_MAJOR  3)
-set(FLB_VERSION_MINOR  1)
-set(FLB_VERSION_PATCH  7)
+set(FLB_VERSION_MINOR  2)
+set(FLB_VERSION_PATCH  0)
 set(FLB_VERSION_STR "${FLB_VERSION_MAJOR}.${FLB_VERSION_MINOR}.${FLB_VERSION_PATCH}")
 
 set(CMAKE_POSITION_INDEPENDENT_CODE ON)