Chapchai of Thailand and Joshi lead by one shot over Qualifying School winner Chan Kim of the United States at the USD 300,000 event.
Chapchai launched his quest to end a four-year winless and snared eight birdies against two bogeys in the morning session. In the afternoon he was joined by Joshi at the top.
Chiragh Kumar shot a solid 68 to share third place with Bangladeshi Mohd Siddikur Rahman, while Shiv Kapur (69) failed to capitalise on his magnificent outward 29 when he came home in 40 after taking a quadruple bogey eight on the sixth hole.
Manav Jaini who has some excellent finishes in Asian Tour events at his home course, also carded a creditable 69.
Defending champion Anirban Lahiri started with a sedate one-under 71, while Rikard Karlberg, champion in 2010, shot even par 72. Four-time Asian Tour winner, Gaganjeet Bhullar went three-over 75.
"It was a great start, but I will take it. I putted really well today. I've been hitting the ball well the past few weeks but the putter was hot today, made quite a few. Hit a great tee shot on seven to two inches, wish it was a hole in one but it's okay," he said.
"I'm going to approach the rest of the week like how I did today, just play within myself. This is the first week I am not playing with my driver. I'll do that the whole week. Just keep the same attitude."
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