The cast of the forthcoming movie was present at the event.
Sridevi, who had danced to the number of the same name in the movie "Mr. India', said: "I have always been associated with 'Hawaa Hawaai' with 'Mr. India', but today it has a new meaning."
"I have loved Amole Gupte's films. They touch the emotionnal chords. I have loved the trailer of this film," she told reporters during the trailer launch of the movie.
Amole's son Partho, who plays a prominent role in the film, was excited to have Sridevi to unveil the film's trailer.
Sridevi recalled her experience as a child artist, and said: "I was four years old when I started working as a child artist. I don't remember much but I always wanted to be an actress."
"Hawaa Hawaai" features Saqib Saleem in the lead role.