Tiger wanted to pay homage to Michael Jackson(MJ), the reason he started dancing, and to his dance teacher, Paresh Shirodkar, who trained him. He wants to introduce his team, the guys who train with him every day behind the scenes, to his friends and fans. This video was produced with love, and paid for with his earnings from Heropanti.
He next plans a video to pay tribute to Bruce Lee, his inspiration for taking up Martial Arts, and his entire action team, who train with him every day for his gymnastics and martial arts. The Teachers Day release seems the most apt, as he has done this essentially as a tribute to his dance teacher, who also features with Tiger in the video.