While Aishwarya stuns in a sky blue ruffled gown, Williams looks colourful in a hoodie and track pants.
The 44-year-old singer was in India to celebrate Holi as well as launch a collection of shoes and clothes inspired by the festival.
The duo, who have graced the April issue cover of the magazine, are advocates of the art of playing it cool.
Talking about her upcoming projects, the 'Ae Dil Hai Mushkil' star told the magazine, "In 'Fanney Khan', I'm playing a chapter in the narrative that I believe is intrinsic to the story. I've been approached for the remake of 'Raat Aur Din', which is a great opportunity, and what's funny is while filming 'Shabd', Sanju Sir (Sanjay Dutt) said he'd have loved for me to play the part, and I was very touched. We're still working out the details. I've also been approached for a remake of 'Woh Kaun Thi? - Chandni Sehgal'"