He became an Air Force test pilot, later stationed at the test center in Bangalore. He was also the Air Officer Commanding of Hindon Air Force Station near Delhi. He was a braveheart and is known to have been an ardent follower of cricket.He loved cricket.
In 1982, he was chosen to train for spaceflight in the Soviet Union's Intercosmos program. Malhotra served as backup for Rakesh Sharma on the Soyuz T-11 mission which launched the first Indian citizen into space,but unfortunately himself never went to space. Malhotra was awarded the Kirti Chakra in 1984.
Malhotra is presently the Co-Founder & Chief Mentor of the aerospace division of Dynamatic Technologies.