Error on opening a Project created on Android Stud

I'm currently using Android Studio 3.0.1. When I try to open a project that has been developed in Android Studio 2.3 I encountered with the following error,

Error: Android Source Generator: Error: Can't find bundle for base name messages.AndroidJpsBundle, locale en_IN
java.util.MissingResourceException: Can't find bundle for base name messages.AndroidJpsBundle, locale en_IN
    at java.util.ResourceBundle.throwMissingResourceException(ResourceBundle.java:1564)
    at java.util.ResourceBundle.getBundleImpl(ResourceBundle.java:1387)
    at java.util.ResourceBundle.getBundle(ResourceBundle.java:773)
    at org.jetbrains.jps.android.AndroidJpsBundle.getBundle(AndroidJpsBundle.java:22)
    at org.jetbrains.jps.android.AndroidJpsBundle.message(AndroidJpsBundle.java:32)
    at org.jetbrains.jps.android.AndroidSourceGeneratingBuilder.runAaptCompiler(AndroidSourceGeneratingBuilder.java:971)
    at org.jetbrains.jps.android.AndroidSourceGeneratingBuilder.doBuild(AndroidSourceGeneratingBuilder.java:210)
    at org.jetbrains.jps.android.AndroidSourceGeneratingBuilder.build(AndroidSourceGeneratingBuilder.java:114)
    at org.jetbrains.jps.incremental.IncProjectBuilder.runModuleLevelBuilders(IncProjectBuilder.java:1263)
    at org.jetbrains.jps.incremental.IncProjectBuilder.runBuildersForChunk(IncProjectBuilder.java:940)
    at org.jetbrains.jps.incremental.IncProjectBuilder.buildTargetsChunk(IncProjectBuilder.java:1012)
    at org.jetbrains.jps.incremental.IncProjectBuilder.buildChunkIfAffected(IncProjectBuilder.java:903)
    at org.jetbrains.jps.incremental.IncProjectBuilder.buildChunks(IncProjectBuilder.java:736)
    at org.jetbrains.jps.incremental.IncProjectBuilder.runBuild(IncProjectBuilder.java:384)
    at org.jetbrains.jps.incremental.IncProjectBuilder.build(IncProjectBuilder.java:192)
    at org.jetbrains.jps.cmdline.BuildRunner.runBuild(BuildRunner.java:138)
    at org.jetbrains.jps.cmdline.BuildSession.runBuild(BuildSession.java:295)
    at org.jetbrains.jps.cmdline.BuildSession.run(BuildSession.java:125)
    at org.jetbrains.jps.cmdline.BuildMain$MyMessageHandler.lambda$channelRead0$0(BuildMain.java:236)
    at org.jetbrains.jps.service.impl.SharedThreadPoolImpl.lambda$executeOnPooledThread$0(SharedThreadPoolImpl.java:42)
    at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:511)
    at java.util.concurrent.FutureTask.run(FutureTask.java:266)
    at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
    at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
    at java.lang.Thread.run(Thread.java:745)

I have referred the answers to the previously asked question with the same problem. But those answers don't work for me.

Is it really the problem is related to the Android Studio versions or something else? Kindly provide me a solution. Thanks.