diff --git a/config/runtimes/kustomization.yaml b/config/runtimes/kustomization.yaml
index 48e6877b071..cd031df0503 100644
--- a/config/runtimes/kustomization.yaml
+++ b/config/runtimes/kustomization.yaml
@@ -49,7 +49,7 @@ images:
 
 - name: kserve-torchserve
   newName: pytorch/torchserve-kfs
-  newTag: 0.9.0
+  newTag: 0.12.0
 
 - name: huggingfaceserver
   newName: kserve/huggingfaceserver