India had an ambitious upswing to its states based on its Manufacturing prowess under the name of the make in India (MII) initiative launched in 2014 to change India into a manufacturing giant. Although it caused some initial enthusiasm and policy changes, it has not achieved goals in producing GDP share and creating employment in manufacturing as was anticipated. In acknowledging this, the government transformed the plan into the 2.0 version of the mission, insisting on industries and launching the scheme of Production Linked Incentive (PLI). Nevertheless, it faces a major threat by execution gap. This paper identifies the root causes of this disconnect in MII 2.0 and looks at issues such as infrastructure pinch points, regulatory complexity, skill mismatches, funding challenges and international competition. This position is that filling this gap is more of a holistic approach, that goes beyond financial incentive, as it focuses more on entrenched structural reform, better interagency coordination, the build-up of state capacity and the creation of what many are referring to as a genuinely competitive ecosystem. It is imperative that these issues of execution be solved in order to turn India into a strong manufacturing country with a strong level of sustainable economic growth.