Joshi was individually lying tied 36th, but the Indian team -- other two members being S Chikkrangappa (74) and Angad Cheema (77) -- was placed tied 22nd at 145 with Joshi and Chikka's scores counting for the day.
Joshi had three birdies against two bogeys, one of which came on the 18th. Chikka had two birdies and four bogeys.
Meanwhile, the USA broke the all-time record for lowest 18-hole team score with a 13-under 131 to take a four-stroke lead over Mexico.
Americans Chris Williams, and Justin Thomas shot 64 and 67, respectively, to top the previous mark of 132, which was accomplished three times.
Playing at the par-72 Cornelia Golf Club, Williams, number one in the World Amateur Golf Ranking (WAGR), posted seven birdies and an eagle against one bogey to tie for the second-lowest individual score in history.
The Mark H McCormack Medal winner tallied five birdies on the inward nine, including four consecutive on holes 12 through 15.
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Thomas, the winner of the Haskins and Jack Nicklaus Awards as the USA's best college player in 2012, logged five birdies and an eagle against two bogeys.
Also playing at Cornelia Golf Club, Mexico posted a six-under 66 from Sebastian Vazquez and a three-under 69 from Rodolfo Cazaubon for a nine-under 135.
The Republic of Korea (at par-71 Antalya Golf Club) is third at eight-under. Defending champion France, also playing at Antalya Golf Club, stands tied for fourth at seven-under with Netherlands and Spain, which played at Cornelia Golf Club.
The 2012 World Amateur Team Championship is being played at the par-71, PGA Sultan Course at Antalya Golf Club (1) and the par-72, Cornelia Golf Club (2).