diff --git a/build.gradle b/build.gradle
index 93e85374..28dc8815 100644
--- a/build.gradle
+++ b/build.gradle
@@ -7,7 +7,7 @@ import org.opensearch.gradle.test.RestIntegTestTask
 
 buildscript {
     ext {
-        opensearch_version = System.getProperty("opensearch.version", "2.1.0-SNAPSHOT")
+        opensearch_version = System.getProperty("opensearch.version", "3.0.0-SNAPSHOT")
         isSnapshot = "true" == System.getProperty("build.snapshot", "true")
         buildVersionQualifier = System.getProperty("build.version_qualifier", "")
     }
@@ -302,3 +302,17 @@ afterEvaluate {
         }
     }
 }
+task versionIncrement {
+    onlyIf { System.getProperty('newVersion') }
+    doLast {
+        ext.newVersion = System.getProperty('newVersion')
+        println "Setting version to ${newVersion}."
+        // String tokenization to support -SNAPSHOT
+        ant.replaceregexp(match: opensearch_version.tokenize('-')[0], replace: newVersion.tokenize('-')[0], flags:'g', byline:true) {
+            fileset(dir: projectDir) {
+                // Include the required files that needs to be updated with new Version
+                include(name: "build.gradle")
+            }
+        }
+    }
+}  
\ No newline at end of file