Speed control of induction motor is one of the vastly used application nowadays. Efficient, harmonic free and affordable control is a major challenge faced by the engineers. Speed Control of Induction motor using carrier based modulation of matrix converter is excellent modulation scheme as compared other modulation techniques as it eliminates harmonics and balances any unbalanced loads. It's a pulse width modulation method using carrier based modulator for an easier matrix converter control. A simulation model of Matrix Converter along with Induction motor has been presented.