Induction motor drives are at the heart of modern industrial and commercial applications. With conventional control techniques, induction motor drives have shown less than expected dynamic performance. With vector control techniques emerging as potential replacement in induction motor drives, this paper aims at highlighting various vector control strategies. Direct and indirect vector controls along with sensorless vector control are presented. Various speed control techniques are presented through the use of conventional controllers and Intelligent Controllers. A critical analysis and comparison is made with other control strategies.