diff --git a/pom.xml b/pom.xml
index 488325ae..93006361 100644
--- a/pom.xml
+++ b/pom.xml
@@ -1512,15 +1512,15 @@
 
         <!-- Carbon Device Management -->
 
-        <carbon.device.mgt.version>2.0.74</carbon.device.mgt.version>
-        <carbon.device.mgt.version.range>[2.0.0, 3.0.0)</carbon.device.mgt.version.range>
+        <carbon.device.mgt.version>3.0.1</carbon.device.mgt.version>
+        <carbon.device.mgt.version.range>[3.0.0, 4.0.0)</carbon.device.mgt.version.range>
 
         <!-- IOT Device Management -->
         <product.iot.version>3.1.0-SNAPSHOT</product.iot.version>
 
         <!-- Carbon Device Management Plugins-->
 
-        <carbon.device.mgt.plugin.version>3.0.41</carbon.device.mgt.plugin.version>
+        <carbon.device.mgt.plugin.version>4.0.1</carbon.device.mgt.plugin.version>
 
         <!-- API Management -->
         <carbon.api.mgt.version>6.1.80</carbon.api.mgt.version>