diff --git a/platform/mellanox/hw-management.mk b/platform/mellanox/hw-management.mk
index 521daa1c7c3b..c273f779cbb2 100644
--- a/platform/mellanox/hw-management.mk
+++ b/platform/mellanox/hw-management.mk
@@ -1,6 +1,6 @@
 # Mellanox HW Management
 
-MLNX_HW_MANAGEMENT_VERSION = 7.0010.1300
+MLNX_HW_MANAGEMENT_VERSION = 7.0010.2000
 
 export MLNX_HW_MANAGEMENT_VERSION
 
diff --git a/platform/mellanox/hw-management/hw-mgmt b/platform/mellanox/hw-management/hw-mgmt
index dec7935777b5..4ae17192db86 160000
--- a/platform/mellanox/hw-management/hw-mgmt
+++ b/platform/mellanox/hw-management/hw-mgmt
@@ -1 +1 @@
-Subproject commit dec7935777b52d31a2220bad8b0cec4b71ec0961
+Subproject commit 4ae17192db868de19ea0725860b320c0d319d23a