Officials said that the project aimed at generation of direct employment for about 7,500 people and indirect employment for over 100,000 others.
The project is expected to be a foreign exchange earner and boost the local economy through enhanced potential for tourism in the state.
Haryana makes nearly 50 per cent of the total automobiles manufactured in the country.
Top automobile manufacturers like Maruti-Suzuki, Hero Honda and several automotive parts manufacturers are based in the state, especially in the Gurgaon-Manesar belt near Delhi.