The main objective of this paper is to build a simple mathematical competent model that describes the circuits and interconnections of a 3-phase squirrel cage induction motor used for industrial applications. This paper presents the detailed analysis of theoretical concepts used in mathematical modeling, simulation’ and hardware implementation. The objective of this work is to compare the dynamic performances of the vector control methods for CSI fed IM drives. Based on the results, dynamic performances of the proposed drives are individually analysed using the sensitivity tests. The tests that are chosen for the comparison are step changes in the reference speed and torque of the motor drive. Here the IM is mathematically modeled in different reference frames for input output linearization (IOL) control, field oriented control (FOC), and direct torque control method (DTC) which are designed using hardware equivalent mathematical equations. The most important contributions in this paper are mathematical simulation structure of IM model in rotor flux frame using current and speed that were developed and implemented in MATLAB-Simulink. The operation and performance of the different vector control methods are verified by simulation using MATLAB/SIMULINK and experimental results.