diff --git a/rapids-cmake/cpm/thrust.cmake b/rapids-cmake/cpm/thrust.cmake
index 19a016dd..544defa1 100644
--- a/rapids-cmake/cpm/thrust.cmake
+++ b/rapids-cmake/cpm/thrust.cmake
@@ -55,21 +55,38 @@ Result Variables
 function(rapids_cpm_thrust NAMESPACE namespaces_name)
   list(APPEND CMAKE_MESSAGE_CONTEXT "rapids.cpm.thrust")
 
+  set(options)
+  set(one_value BUILD_EXPORT_SET INSTALL_EXPORT_SET)
+  set(multi_value)
+  cmake_parse_arguments(_RAPIDS "${options}" "${one_value}" "${multi_value}" ${ARGN})
+
+  set(enable_install OFF)
+  if(_RAPIDS_INSTALL_EXPORT_SET)
+    set(enable_install ON)
+    # Make sure we install thrust into the `include/rapids` subdirectory instead of the default
+    include(GNUInstallDirs)
+    set(CMAKE_INSTALL_INCLUDEDIR "${CMAKE_INSTALL_INCLUDEDIR}/rapids")
+  endif()
+
   include("${rapids-cmake-dir}/cpm/detail/package_details.cmake")
   rapids_cpm_package_details(Thrust version repository tag shallow exclude)
 
   include("${rapids-cmake-dir}/cpm/find.cmake")
-  rapids_cpm_find(Thrust ${version} ${ARGN}
+  rapids_cpm_find(Thrust ${version} ${_RAPIDS_UNPARSED_ARGUMENTS}
                   GLOBAL_TARGETS ${namespaces_name}::Thrust
                   CPM_ARGS FIND_PACKAGE_ARGUMENTS EXACT
                   GIT_REPOSITORY ${repository}
                   GIT_TAG ${tag}
                   GIT_SHALLOW ${shallow}
                   EXCLUDE_FROM_ALL ${exclude}
-                  OPTIONS "THRUST_ENABLE_INSTALL_RULES OFF")
+                  OPTIONS "THRUST_ENABLE_INSTALL_RULES ${enable_install}")
 
   if(NOT TARGET ${namespaces_name}::Thrust)
     thrust_create_target(${namespaces_name}::Thrust FROM_OPTIONS)
+    set_target_properties(${namespaces_name}::Thrust PROPERTIES IMPORTED_NO_SYSTEM ON)
+    if(TARGET _Thrust_Thrust)
+      set_target_properties(_Thrust_Thrust PROPERTIES IMPORTED_NO_SYSTEM ON)
+    endif()
   endif()
 
   # Since `GLOBAL_TARGET ${namespaces_name}::Thrust` will list the target to be promoted to global
@@ -78,11 +95,6 @@ function(rapids_cpm_thrust NAMESPACE namespaces_name)
   #
   # So determine what `BUILD_EXPORT_SET` and `INSTALL_EXPORT_SET` this was added to and remove
   # ${namespaces_name}::Thrust
-  set(options CPM_ARGS)
-  set(one_value BUILD_EXPORT_SET INSTALL_EXPORT_SET)
-  set(multi_value)
-  cmake_parse_arguments(_RAPIDS "${options}" "${one_value}" "${multi_value}" ${ARGN})
-
   if(_RAPIDS_BUILD_EXPORT_SET)
     set(target_name rapids_export_build_${_RAPIDS_BUILD_EXPORT_SET})
     get_target_property(global_targets ${target_name} GLOBAL_TARGETS)
@@ -97,70 +109,6 @@ function(rapids_cpm_thrust NAMESPACE namespaces_name)
     set_target_properties(${target_name} PROPERTIES GLOBAL_TARGETS "${global_targets}")
   endif()
 
-  # only install thrust when we have an in-source version
-  if(Thrust_SOURCE_DIR AND _RAPIDS_INSTALL_EXPORT_SET AND NOT exclude)
-    #[==[
-    Projects such as cudf, and rmm require a newer versions of thrust than can be found in the oldest supported CUDA toolkit.
-    This requires these components to install/packaged so that consumers use the same version. To make sure that the custom
-    version of thrust is used over the CUDA toolkit version we need to ensure we always use an user include and not a system.
-
-    By default if we allow thrust to install into `CMAKE_INSTALL_INCLUDEDIR` alongside rmm (or other pacakges)
-    we will get a install tree that looks like this:
-
-      install/include/rmm
-      install/include/cub
-      install/include/thrust
-
-    This is a problem for CMake+NVCC due to the rules around import targets, and user/system includes. In this case both
-    rmm and thrust will specify an include path of `install/include`, while thrust tries to mark it as an user include,
-    since rmm uses CMake's default of system include. Compilers when provided the same include as both user and system
-    always goes with system.
-
-    Now while rmm could also mark `install/include` as system this just pushes the issue to another dependency which
-    isn't built by RAPIDS and comes by and marks `install/include` as system.
-
-    Instead the more reliable option is to make sure that we get thrust to be placed in an unique include path that
-    to other project will use. In the case of rapids-cmake we install the headers to `include/rapids/thrust`
-    #]==]
-    include(GNUInstallDirs)
-    install(DIRECTORY "${Thrust_SOURCE_DIR}/thrust"
-            DESTINATION "${CMAKE_INSTALL_INCLUDEDIR}/rapids/thrust/" FILES_MATCHING
-            REGEX "\\.(h|inl)$")
-    install(DIRECTORY "${Thrust_SOURCE_DIR}/dependencies/cub/cub"
-            DESTINATION "${CMAKE_INSTALL_INCLUDEDIR}/rapids/thrust/dependencies/" FILES_MATCHING
-            PATTERN "*.cuh")
-
-    install(DIRECTORY "${Thrust_SOURCE_DIR}/thrust/cmake"
-            DESTINATION "${CMAKE_INSTALL_INCLUDEDIR}/rapids/thrust/thrust/")
-    install(DIRECTORY "${Thrust_SOURCE_DIR}/dependencies/cub/cub/cmake"
-            DESTINATION "${CMAKE_INSTALL_INCLUDEDIR}/rapids/thrust/dependencies/cub/")
-
-    include("${rapids-cmake-dir}/cmake/install_lib_dir.cmake")
-    rapids_cmake_install_lib_dir(install_location) # Use the correct conda aware path
-
-    # We need to install the forwarders in `lib/cmake/thrust` and `lib/cmake/cub`
-    set(scratch_dir
-        "${CMAKE_BINARY_DIR}/rapids-cmake/${_RAPIDS_INSTALL_EXPORT_SET}/install/scratch/")
-
-    file(WRITE "${scratch_dir}/thrust-config.cmake"
-         [=[include("${CMAKE_CURRENT_LIST_DIR}/../../../include/rapids/thrust/thrust/cmake/thrust-config.cmake")]=]
-    )
-    file(WRITE "${scratch_dir}/thrust-config-version.cmake"
-         [=[include("${CMAKE_CURRENT_LIST_DIR}/../../../include/rapids/thrust/thrust/cmake/thrust-config-version.cmake")]=]
-    )
-    install(FILES "${scratch_dir}/thrust-config.cmake" "${scratch_dir}/thrust-config-version.cmake"
-            DESTINATION "${install_location}/cmake/thrust")
-
-    file(WRITE "${scratch_dir}/cub-config.cmake"
-         [=[include("${CMAKE_CURRENT_LIST_DIR}/../../../include/rapids/thrust/dependencies/cub/cub-config.cmake")]=]
-    )
-    file(WRITE "${scratch_dir}/cub-config-version.cmake"
-         [=[include("${CMAKE_CURRENT_LIST_DIR}/../../../include/rapids/thrust/dependencies/cub/cub-config-version.cmake")]=]
-    )
-    install(FILES "${scratch_dir}/cub-config.cmake" "${scratch_dir}/cub-config-version.cmake"
-            DESTINATION "${install_location}/cmake/cub")
-  endif()
-
   # Propagate up variables that CPMFindPackage provide
   set(Thrust_SOURCE_DIR "${Thrust_SOURCE_DIR}" PARENT_SCOPE)
   set(Thrust_BINARY_DIR "${Thrust_BINARY_DIR}" PARENT_SCOPE)
diff --git a/rapids-cmake/cpm/versions.json b/rapids-cmake/cpm/versions.json
index 91a4988a..651a9af2 100644
--- a/rapids-cmake/cpm/versions.json
+++ b/rapids-cmake/cpm/versions.json
@@ -31,9 +31,9 @@
       "git_tag" : "v${version}"
     },
     "Thrust" : {
-      "version" : "1.15.0.0",
+      "version" : "1.17.0",
       "git_url" : "https://github.com/NVIDIA/thrust.git",
-      "git_tag" : "1.15.0"
+      "git_tag" : "${version}"
     },
     "libcudacxx" : {
       "version" : "1.7.0",