diff --git a/README.md b/README.md
index 46b25dd88..0a4ef8eae 100644
--- a/README.md
+++ b/README.md
@@ -126,6 +126,7 @@ of releases [here](https://github.com/tensorflow/io/releases).
 
 | TensorFlow I/O Version | TensorFlow Compatibility | Release Date |
 | --- | --- | --- |
+| 0.30.0 | 2.11.x | Jan 20, 2022 |
 | 0.29.0 | 2.11.x | Dec 18, 2022 |
 | 0.28.0 | 2.11.x | Nov 21, 2022 |
 | 0.27.0 | 2.10.x | Sep 08, 2022 |
diff --git a/RELEASE.md b/RELEASE.md
index 53ea92dea..f5539af1d 100644
--- a/RELEASE.md
+++ b/RELEASE.md
@@ -1,3 +1,17 @@
+# Release 0.30.0
+
+## Major Features and Bug Fixes
+* Fix issue in python 3.11 support for aarch64
+
+## Thanks to our Contributors
+
+This release contains contributions from many people:
+
+Colin, Yong Tang
+
+We are also grateful to all who filed issues or helped resolve them, asked and
+answered questions, and were part of inspiring discussions.
+
 # Release 0.29.0
 
 ## Major Features and Bug Fixes
diff --git a/tensorflow_io/python/ops/version_ops.py b/tensorflow_io/python/ops/version_ops.py
index 41085a5ff..d94387aac 100644
--- a/tensorflow_io/python/ops/version_ops.py
+++ b/tensorflow_io/python/ops/version_ops.py
@@ -14,5 +14,5 @@
 # ==============================================================================
 """version_ops"""
 
-version = "0.29.0"
+version = "0.30.0"
 require = "tensorflow>=2.11.0,<2.12.0"