Dr. Ravikant Joshi emphasizes the critical importance of studying urbanization as it transforms human geography and socioeconomic structures, especially in the context of the 21st century's projected urban growth. He outlines historical trends and future projections indicating significant population shifts toward urban areas, particularly in Asia, and stresses the relationship between urbanization and economic development, while cautioning against inequality and environmental impacts. The lecture highlights the need for effective urban policy and sustainable city planning to address challenges like climate change and poverty as urban populations are expected to swell to over 60% by 2030.