diff --git a/ads/aqua/model/constants.py b/ads/aqua/model/constants.py
index 194245fe4..7daeaa57b 100644
--- a/ads/aqua/model/constants.py
+++ b/ads/aqua/model/constants.py
@@ -26,6 +26,7 @@ class ModelTask(ExtendedEnum):
     TEXT_GENERATION = "text-generation"
     IMAGE_TEXT_TO_TEXT = "image-text-to-text"
     IMAGE_TO_TEXT = "image-to-text"
+    TIME_SERIES_FORECASTING = "time-series-forecasting"
 
 
 class FineTuningMetricCategories(ExtendedEnum):
diff --git a/ads/aqua/modeldeployment/deployment.py b/ads/aqua/modeldeployment/deployment.py
index 9834eddd1..20d91ead0 100644
--- a/ads/aqua/modeldeployment/deployment.py
+++ b/ads/aqua/modeldeployment/deployment.py
@@ -48,7 +48,11 @@
 )
 from ads.aqua.data import AquaResourceIdentifier
 from ads.aqua.model import AquaModelApp
-from ads.aqua.model.constants import AquaModelMetadataKeys, ModelCustomMetadataFields
+from ads.aqua.model.constants import (
+    AquaModelMetadataKeys,
+    ModelCustomMetadataFields,
+    ModelTask,
+)
 from ads.aqua.model.utils import (
     extract_base_model_from_ft,
     extract_fine_tune_artifacts_path,
@@ -215,6 +219,14 @@ def create(
                 freeform_tags=freeform_tags,
                 defined_tags=defined_tags,
             )
+            task_tag = aqua_model.freeform_tags.get(Tags.TASK, UNKNOWN)
+            if (
+                task_tag == ModelTask.TIME_SERIES_FORECASTING
+                or task_tag == ModelTask.TIME_SERIES_FORECASTING.replace("-", "_")
+            ):
+                create_deployment_details.env_var.update(
+                    {Tags.TASK.upper(): ModelTask.TIME_SERIES_FORECASTING}
+                )
             return self._create(
                 aqua_model=aqua_model,
                 create_deployment_details=create_deployment_details,