diff --git a/platform/mellanox/mlnx-sai.mk b/platform/mellanox/mlnx-sai.mk
index 7f16a72cc07..de8f845c94b 100644
--- a/platform/mellanox/mlnx-sai.mk
+++ b/platform/mellanox/mlnx-sai.mk
@@ -1,6 +1,6 @@
 # Mellanox SAI
 
-MLNX_SAI_VERSION = SAIRel1.18.1.0
+MLNX_SAI_VERSION = SAIRel1.18.3.2
 
 export MLNX_SAI_VERSION
 
diff --git a/platform/mellanox/mlnx-sai/SAI-Implementation b/platform/mellanox/mlnx-sai/SAI-Implementation
index 8dc2afd21ff..46cab7b6b70 160000
--- a/platform/mellanox/mlnx-sai/SAI-Implementation
+++ b/platform/mellanox/mlnx-sai/SAI-Implementation
@@ -1 +1 @@
-Subproject commit 8dc2afd21ff6578cd0736b70aaa6ce5f1135265d
+Subproject commit 46cab7b6b7040c5d4fdb7d32555f19d74f285edf