By virtue of his extensive scholarship in this area, he has gained numerous accolades, including being designated as a Distinguished Lecturer by the Society of Petroleum Engineers for the 1995-1996 season.
At the beginning of 2000, Joshi was honored by the "Oil & Gas Investor" and was listed along with many well known names as one of the 100 Most Influential People in the Petroleum Century.
[citation needed] Joshi founded JTI in 1988 after a successful nine-year tenure at Phillips Petroleum Company in Bartlesville, Oklahoma.
In addition to his role as the CEO of the company, Joshi's primary responsibilities include international project origination/negotiation and strategic planning.
[3][4] In 2012, because of his outstanding engineering contribution to the oil industry he received the Anson Marston Medal from his alma mater, ISU.