diff --git a/inference-engine/ie_bridges/python/CMakeLists.txt b/inference-engine/ie_bridges/python/CMakeLists.txt
index 7b93a4291a2..15d248379d7 100644
--- a/inference-engine/ie_bridges/python/CMakeLists.txt
+++ b/inference-engine/ie_bridges/python/CMakeLists.txt
@@ -43,12 +43,14 @@ else()
 endif()
 
 if(ENABLE_CONDA_FOLDER)
+    set(PYTHON_COMPONENT conda_${PYTHON_VERSION})
     if(WIN32)
         set(PYTHON_BRIDGE_OUTPUT_DIRECTORY ${CMAKE_LIBRARY_OUTPUT_DIRECTORY}/$<CONFIG>/python_api/Conda/${PYTHON_VERSION}/openvino)
     else()
         set(PYTHON_BRIDGE_OUTPUT_DIRECTORY ${CMAKE_LIBRARY_OUTPUT_DIRECTORY}/python_api/Conda/${PYTHON_VERSION}/openvino)
     endif()
 else()
+    set(PYTHON_COMPONENT ${PYTHON_VERSION})
     if(WIN32)
         set(PYTHON_BRIDGE_OUTPUT_DIRECTORY ${CMAKE_LIBRARY_OUTPUT_DIRECTORY}/$<CONFIG>/python_api/${PYTHON_VERSION}/openvino)
     else()
@@ -74,19 +76,19 @@ endif()
 
 # install
 
-ie_cpack_add_component(${PYTHON_VERSION})
+ie_cpack_add_component(${PYTHON_COMPONENT})
 
 install(FILES requirements.txt
         DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}
-        COMPONENT ${PYTHON_VERSION})
+        COMPONENT ${PYTHON_COMPONENT})
 
 install(FILES requirements.txt
         DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}
-        COMPONENT ${PYTHON_VERSION})
+        COMPONENT ${PYTHON_COMPONENT})
 
 install(PROGRAMS src/openvino/__init__.py
         DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino
-        COMPONENT ${PYTHON_VERSION})
+        COMPONENT ${PYTHON_COMPONENT})
 
 # install Python samples
 
@@ -96,4 +98,4 @@ install(DIRECTORY sample/
         DESTINATION ${IE_CPACK_IE_DIR}/samples/python
         COMPONENT python_samples)
 
-ie_cpack(${PYTHON_VERSION} python_samples)
+ie_cpack(${PYTHON_COMPONENT} python_samples)
diff --git a/inference-engine/ie_bridges/python/src/openvino/inference_engine/CMakeLists.txt b/inference-engine/ie_bridges/python/src/openvino/inference_engine/CMakeLists.txt
index a236db836d6..059f335f5df 100644
--- a/inference-engine/ie_bridges/python/src/openvino/inference_engine/CMakeLists.txt
+++ b/inference-engine/ie_bridges/python/src/openvino/inference_engine/CMakeLists.txt
@@ -70,12 +70,12 @@ add_custom_command(TARGET ${TARGET_NAME}
 # install
 
 install(TARGETS ${INSTALLED_TARGETS}
-        RUNTIME DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino/inference_engine COMPONENT ${PYTHON_VERSION}
-        LIBRARY DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino/inference_engine COMPONENT ${PYTHON_VERSION})
+        RUNTIME DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino/inference_engine COMPONENT ${PYTHON_COMPONENT}
+        LIBRARY DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino/inference_engine COMPONENT ${PYTHON_COMPONENT})
 
 install(PROGRAMS __init__.py
         DESTINATION ${PYTHON_BRIDGE_CPACK_PATH}/${PYTHON_VERSION}/openvino/inference_engine
-        COMPONENT ${PYTHON_VERSION})
+        COMPONENT ${PYTHON_COMPONENT})
 
 add_clang_format_target(${TARGET_NAME}_clang FOR_TARGETS ${TARGET_NAME}
                         EXCLUDE_PATTERNS ".*\\.cxx;.*\\.pxd;.*\\.pyx")
diff --git a/inference-engine/ie_bridges/python/src/openvino/offline_transformations/CMakeLists.txt b/inference-engine/ie_bridges/python/src/openvino/offline_transformations/CMakeLists.txt
index 27c9e7bf898..ba526c3761d 100644
--- a/inference-engine/ie_bridges/python/src/openvino/offline_transformations/CMakeLists.txt
+++ b/inference-engine/ie_bridges/python/src/openvino/offline_transformations/CMakeLists.txt
@@ -54,12 +54,12 @@ add_custom_command(TARGET ${TARGET_NAME}
 # install
 
 # TODO: use ${PYTHON_VERSION}_dev component below
-# ie_cpack_add_component(${PYTHON_VERSION}_dev DEPENDS ${PYTHON_VERSION})
+# ie_cpack_add_component(${PYTHON_VERSION}_dev DEPENDS ${PYTHON_COMPONENT})
 
 install(TARGETS ${TARGET_NAME}
-        RUNTIME DESTINATION python/${PYTHON_VERSION}/openvino/offline_transformations COMPONENT ${PYTHON_VERSION}
-        LIBRARY DESTINATION python/${PYTHON_VERSION}/openvino/offline_transformations COMPONENT ${PYTHON_VERSION})
+        RUNTIME DESTINATION python/${PYTHON_VERSION}/openvino/offline_transformations COMPONENT ${PYTHON_COMPONENT}
+        LIBRARY DESTINATION python/${PYTHON_VERSION}/openvino/offline_transformations COMPONENT ${PYTHON_COMPONENT})
 
 install(PROGRAMS __init__.py
         DESTINATION python/${PYTHON_VERSION}/openvino/offline_transformations
-        COMPONENT ${PYTHON_VERSION})
+        COMPONENT ${PYTHON_COMPONENT})