diff --git a/.changes/1.17.48.json b/.changes/1.17.48.json
new file mode 100644
index 0000000000..eedc2e969d
--- /dev/null
+++ b/.changes/1.17.48.json
@@ -0,0 +1,37 @@
+[
+  {
+    "category": "``lookoutequipment``", 
+    "description": "[``botocore``] This release introduces support for Amazon Lookout for Equipment.", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``kinesis-video-archived-media``", 
+    "description": "[``botocore``] Documentation updates for archived.kinesisvideo", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``robomaker``", 
+    "description": "[``botocore``] This release allows RoboMaker customers to specify custom tools to run with their simulation job", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``appstream``", 
+    "description": "[``botocore``] This release provides support for image updates", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``ram``", 
+    "description": "[``botocore``] Documentation updates for AWS RAM resource sharing", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``customer-profiles``", 
+    "description": "[``botocore``] Documentation updates for Put-Integration API", 
+    "type": "api-change"
+  }, 
+  {
+    "category": "``autoscaling``", 
+    "description": "[``botocore``] Amazon EC2 Auto Scaling announces Warm Pools that help applications to scale out faster by pre-initializing EC2 instances and save money by requiring fewer continuously running instances", 
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 7ff1e50c76..06686ba495 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,18 @@
 CHANGELOG
 =========
 
+1.17.48
+=======
+
+* api-change:``lookoutequipment``: [``botocore``] This release introduces support for Amazon Lookout for Equipment.
+* api-change:``kinesis-video-archived-media``: [``botocore``] Documentation updates for archived.kinesisvideo
+* api-change:``robomaker``: [``botocore``] This release allows RoboMaker customers to specify custom tools to run with their simulation job
+* api-change:``appstream``: [``botocore``] This release provides support for image updates
+* api-change:``ram``: [``botocore``] Documentation updates for AWS RAM resource sharing
+* api-change:``customer-profiles``: [``botocore``] Documentation updates for Put-Integration API
+* api-change:``autoscaling``: [``botocore``] Amazon EC2 Auto Scaling announces Warm Pools that help applications to scale out faster by pre-initializing EC2 instances and save money by requiring fewer continuously running instances
+
+
 1.17.47
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index df19a7b02d..adce6fc353 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -18,7 +18,7 @@
 
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.17.47'
+__version__ = '1.17.48'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index cf0ac56d7a..02ba4b2b2e 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,6 +3,6 @@ universal = 1
 
 [metadata]
 requires_dist =
-    botocore>=1.20.47,<1.21.0
+    botocore>=1.20.48,<1.21.0
     jmespath>=0.7.1,<1.0.0
     s3transfer>=0.3.0,<0.4.0
diff --git a/setup.py b/setup.py
index f04837d0f3..c12fbbbe5c 100644
--- a/setup.py
+++ b/setup.py
@@ -14,7 +14,7 @@
 
 
 requires = [
-    'botocore>=1.20.47,<1.21.0',
+    'botocore>=1.20.48,<1.21.0',
     'jmespath>=0.7.1,<1.0.0',
     's3transfer>=0.3.0,<0.4.0'
 ]