The recent emergence of COVID-19 has drawn attention to the various methods of disease control. Since no proper treatment is available till date and the vaccination is restricted to certain age groups, also vaccine efficacy is still under progress, the emphasis has been given to the method of isolation and quarantine. This control is induced by tracing the contacts of the infectious individuals, putting them to the quarantine class and based on their symptoms, classifying them either as the susceptible or sick individuals and moving the sick individuals to the isolated class. To track the current pandemic situation of COVID-19 in India, we consider an extended Susceptible-Exposed-Quarantine-Infected-Isolated-Recovered (SEQ1IQ2R) compartmental model along with calculating its control reproductive number Rc. The disease can be kept in control if the value of Rc remains below one. This “threshold” value of Rc is used to optimize the period of quarantine, and isolation and have been calculated in order to eradicate the disease. The sensitivity analysis of Rc with respect to the quarantine and isolation period has also been done. Partial rank correlation coefficient method is applied to identify the most significant parameters involved in Rc. Based on the observed data, 7-days moving average curves are plotted for prelockdown, lockdown and unlock 1 phases. Following the trend of the curves for the infection, a generalized exponential function is used to estimate the data, and corresponding 95% confidence intervals are simulated to estimate the parameters. The effect of control measures such as quarantine and isolation are discussed. Following various mathematical and statistical tools, we systematically explore the impact of lockdown strategy in order to control the recent outbreak of COVID-19 transmission in India.