diff --git a/changelogs/fragments/65765-vmware_tag_manager.yml b/changelogs/fragments/65765-vmware_tag_manager.yml
new file mode 100644
index 00000000000000..81155dfae97165
--- /dev/null
+++ b/changelogs/fragments/65765-vmware_tag_manager.yml
@@ -0,0 +1,2 @@
+bugfixes:
+- Added support to vmware_tag_manager module for specifying tag and category as dict if any of the name contains colon (https://github.com/ansible/ansible/issues/65765).
diff --git a/lib/ansible/modules/cloud/vmware/vmware_tag_manager.py b/lib/ansible/modules/cloud/vmware/vmware_tag_manager.py
index fa4a523a189ed4..770ff61c6ef620 100644
--- a/lib/ansible/modules/cloud/vmware/vmware_tag_manager.py
+++ b/lib/ansible/modules/cloud/vmware/vmware_tag_manager.py
@@ -35,8 +35,10 @@
     tag_names:
       description:
       - List of tag(s) to be managed.
-      - You can also specify category name by specifying colon separated value. For example, "category_name:tag_name".
-      - You can skip category name if you have unique tag names.
+      - User can also specify category name by specifying colon separated value. For example, "category_name:tag_name".
+      - User can also specify tag and category as dict, when tag or category contains colon.
+        See example for more information. Added in version 2.10.
+      - User can skip category name if you have unique tag names.
       required: True
       type: list
     state:
@@ -77,6 +79,22 @@
     state: add
   delegate_to: localhost
 
+- name: Specify tag and category as dict
+  vmware_tag_manager:
+    hostname: '{{ vcenter_hostname }}'
+    username: '{{ vcenter_username }}'
+    password: '{{ vcenter_password }}'
+    validate_certs: no
+    tag_names:
+      - tag: tag_0001
+        category: cat_0001
+      - tag: tag_0002
+        category: cat_0002
+    object_name: Fedora_VM
+    object_type: VirtualMachine
+    state: add
+  delegate_to: localhost
+
 - name: Remove a tag from a virtual machine
   vmware_tag_manager:
     hostname: '{{ vcenter_hostname }}'
@@ -218,15 +236,24 @@ def ensure_state(self):
         removed_tags_for_set = False
         for tag in self.tag_names:
             category_obj, category_name, tag_name = None, None, None
-            if ":" in tag:
-                # User specified category
-                category_name, tag_name = tag.split(":", 1)
-                category_obj = self.search_svc_object_by_name(self.category_service, category_name)
-                if not category_obj:
-                    self.module.fail_json(msg="Unable to find the category %s" % category_name)
-            else:
-                # User specified only tag
-                tag_name = tag
+            if isinstance(tag, dict):
+                tag_name = tag.get('tag')
+                category_name = tag.get('category')
+                if category_name:
+                    # User specified category
+                    category_obj = self.search_svc_object_by_name(self.category_service, category_name)
+                    if not category_obj:
+                        self.module.fail_json(msg="Unable to find the category %s" % category_name)
+            elif isinstance(tag, str):
+                if ":" in tag:
+                    # User specified category
+                    category_name, tag_name = tag.split(":", 1)
+                    category_obj = self.search_svc_object_by_name(self.category_service, category_name)
+                    if not category_obj:
+                        self.module.fail_json(msg="Unable to find the category %s" % category_name)
+                else:
+                    # User specified only tag
+                    tag_name = tag
 
             if category_name:
                 tag_obj = self.get_tag_by_category(tag_name=tag_name, category_name=category_name)
diff --git a/test/integration/targets/vmware_tag/tasks/main.yml b/test/integration/targets/vmware_tag/tasks/main.yml
index 8961c6916a646e..a657f5463f4cec 100644
--- a/test/integration/targets/vmware_tag/tasks/main.yml
+++ b/test/integration/targets/vmware_tag/tasks/main.yml
@@ -5,3 +5,4 @@
 - include: tag_crud_ops.yml
 - include: tag_manager_ops.yml
 - include: tag_manager_duplicate_tag_cat.yml
+- include: tag_manager_dict.yml
diff --git a/test/integration/targets/vmware_tag/tasks/tag_manager_dict.yml b/test/integration/targets/vmware_tag/tasks/tag_manager_dict.yml
new file mode 100644
index 00000000000000..0b414552aef367
--- /dev/null
+++ b/test/integration/targets/vmware_tag/tasks/tag_manager_dict.yml
@@ -0,0 +1,113 @@
+# Test code for the vmware_tag_manager Operations.
+# Copyright: (c) 2020, Abhijeet Kasurde <akasurde@redhat.com>
+# GNU General Public License v3.0+ (see COPYING or https://www.gnu.org/licenses/gpl-3.0.txt)
+
+# Testcase for https://github.com/ansible/ansible/issues/65765
+- when: vcsim is not defined
+  block:
+    - name: Create first category
+      vmware_category:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        category_name: "{{ cat_one }}"
+        category_cardinality: 'multiple'
+        state: present
+      register: category_one_create
+
+    - name: Set category one id
+      set_fact: cat_one_id={{ category_one_create['category_results']['category_id'] }}
+
+    - name: Create tag with colon in name
+      vmware_tag:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        tag_name: "{{ tag_one }}"
+        category_id: "{{ cat_one_id }}"
+        state: present
+      register: tag_one_create
+
+    - name: Check tag is created
+      assert:
+        that:
+          - tag_one_create.changed
+
+    - name: Get VM Facts
+      vmware_vm_info:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: False
+      register: vm_info
+
+    - set_fact: vm_name="{{ vm_info['virtual_machines'][0]['guest_name'] }}"
+
+    - name: Assign tag to given virtual machine
+      vmware_tag_manager:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        tag_names:
+          - category: "{{ cat_one }}"
+            tag: "{{ tag_one }}"
+        object_name: "{{ vm_name }}"
+        object_type: VirtualMachine
+        state: add
+      delegate_to: localhost
+      register: vm_tag_info
+
+    - name: Check if we assigned correct tags
+      assert:
+        that:
+          - vm_tag_info.changed
+
+    - name: Remove tag to given virtual machine
+      vmware_tag_manager:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        tag_names:
+          - category: "{{ cat_one }}"
+            tag: "{{ tag_one }}"
+        object_name: "{{ vm_name }}"
+        object_type: VirtualMachine
+        state: remove
+      delegate_to: localhost
+      register: vm_tag_info
+
+    - name: Check if we removed correct tag
+      assert:
+        that:
+          - vm_tag_info.changed
+
+    - name: Delete Tags
+      vmware_tag:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        tag_name: "{{ item }}"
+        state: absent
+      register: delete_tag
+      with_items:
+        - "{{ tag_one }}"
+
+    - name: Delete Categories
+      vmware_category:
+        hostname: '{{ vcenter_hostname }}'
+        username: '{{ vcenter_username }}'
+        password: '{{ vcenter_password }}'
+        validate_certs: no
+        category_name: "{{ item }}"
+        state: absent
+      register: delete_categories
+      with_items:
+        - "{{ cat_one }}"
+  vars:
+    cat_one: category_1003
+    tag_one: tag:1003