diff --git a/sdks/python/pyproject.toml b/sdks/python/pyproject.toml
index 32924a929775..22c90910b2c6 100644
--- a/sdks/python/pyproject.toml
+++ b/sdks/python/pyproject.toml
@@ -21,7 +21,7 @@
 requires = [
     "setuptools",
     "wheel>=0.36.0",
-    "grpcio-tools==1.62.1",
+    "grpcio-tools==1.68.1",
     "mypy-protobuf==3.5.0",
     # Avoid https://github.com/pypa/virtualenv/issues/2006
     "distlib==0.3.7",