diff --git a/setup.py b/setup.py
index 3c19b2b293..c293fb82d0 100644
--- a/setup.py
+++ b/setup.py
@@ -1,13 +1,14 @@
 # -*- coding: utf-8 -*-
 from setuptools import setup, find_packages
+try: # for pip >= 10
+	from pip._internal.req import parse_requirements
+except ImportError: # for pip <= 9.0.3
+	from pip.req import parse_requirements
 import re, ast
 
 # get version from __version__ variable in erpnext/__init__.py
 _version_re = re.compile(r'__version__\s+=\s+(.*)')
 
-with open('requirements.txt') as f:
-	install_requires = f.read().strip().split('\n')
-
 with open('erpnext/__init__.py', 'rb') as f:
 	version = str(ast.literal_eval(_version_re.search(
 		f.read().decode('utf-8')).group(1)))
@@ -23,5 +24,6 @@ setup(
 	packages=find_packages(),
 	zip_safe=False,
 	include_package_data=True,
-	install_requires=install_requires
+	install_requires=[str(ir.req) for ir in requirements],
+	dependency_links=[str(ir._link) for ir in requirements if ir._link]
 )