Update README.md with release process steps

Author: Srihari1192

README.md

@@ -14,6 +14,13 @@ Follow the [build instructions here](./doc/build/build.md) to build the Multi-Cl
 
 Refer to [deployment instructions here](./doc/deploy/deployment.md) on how to deploy the `multi-cluster-app-dispatcher` as a controller in Kubernetes.
 
+
+## Release Process
+
+1.Update version in [CONTROLEER_VERSION file](https://github.com/project-codeflare/multi-cluster-app-dispatcher/blob/main/CONTROLLER_VERSION) to the new release version.
+
+2.Once CONTROLLER_VERSION file change merged follow the [build instructions here](./doc/build/build.md) to build and push the image to `mcad-controller` image repository.
+
 ## Tutorial
 
 Refer to the [tutorial](./doc/usage/tutorial.md) on how to use `multi-cluster-app-dispatcher` to run batch job in Kubernetes