India, the second-most populous country in the world is witnessing a daily surge in the COVID-19 infected cases. India is currently among the worst-hit nations worldwide due to the COVID-19 pandemic and ranks just behind Brazil and the USA. The prediction of the future course of the pandemic is thus of utmost importance in order to prevent further worsening of the situation. In this paper, we develop models for the past trajectory (March 01, 2020-July 25, 2020) and also make a month-long (July 26, 2020-August 24, 2020) forecast of the future evolution of the COVID-19 pandemic in India by using an autoregressive integrated moving average (ARIMA) model. We determine the most optimal ARIMA model (ARIMA(7,2,2)) based on the statistical parameters viz. root-mean-squared error (RMSE), mean absolute error (MAE), mean absolute percentage error (MAPE), and the coefficient of determination (R 2). Subsequently, the developed model is used to obtain a one month-long forecast for the cumulative cases, active cases, recoveries, and the number of fatalities. According to our forecasting results, India is likely to have 3800,989 cumulative infected cases, 1634,142 cumulative active cases, 2110,697 cumulative recoveries, and 56,150 cumulative deaths by August 24, 2020, if the current trend of the pandemic continues to prevail. The implications of these forecasts are that in the upcoming month, the infection rate of COVID-19 in India is going to escalate, while the rate of recovery and the case-fatality rate is likely to reduce. In order to avert these possible scenarios, the administration and health-care personnel need to formulate and implement robust control measures, while the general public needs to be more responsible and strictly adhere to the established and newly formulated guidelines in order to slow down the spread of the pandemic and prevent it from transforming into a catastrophe.