diff --git a/Dockerfile b/Dockerfile
index a20cdd4b..41b5d010 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -33,7 +33,7 @@ FROM downloader AS ytt
 ARG TARGETOS
 ARG TARGETARCH
 # renovate: datasource=github-releases depName=carvel-dev/ytt
-ARG YTT_VERSION=v0.46.3
+ARG YTT_VERSION=v0.47.0
 RUN curl -fsSL \
       https://github.com/carvel-dev/ytt/releases/download/${YTT_VERSION}/ytt-${TARGETOS}-${TARGETARCH} \
     > ytt