The central government’s announcement of the next stage of India’s lockdown to fight the COVID-19 pandemic has provided much-needed relief to Indian industry. Dubbed ‘Unlock 1.0’, the plan calls for phased reopening of manufacturing and local industry to restart the country’s growth engine. Coupled with the new ‘Atma Nirbhar Bharat Abhiyan’, policymakers are keen to get India’s economy growing again, and their renewed push to boost local manufacturing will likely help India’s exports sector too. There are already proposals for investment of $16-17 billion (around Rs. 1.25 lakh crore) being considered to boost certain local manufacturing sectors. Commerce Minister Piyush Goyal has indicated that manufacturing revival and export diversification will be key in the coming months, even as Foreign Secretary Harsh Vardhan Shringla highlighted the opportunity for India to establish as a key low-cost manufacturing and trade hub in the post-COVID world. With commodity exports to China set to plunge in 2020, according to a new study by UNCTAD, it is imperative that Indian exporters capitalize on the coming opportunities to expand into new and existing markets. The government has already announced the extension of incentive scrips for exporters for an additional three months. It is time the industry seizes the moment and uses ‘Unlock 1.0’ to realize the full potential of India’s export ecosystem.