Induction motors are used extensively in many sectors, including manufacturing, power generation, healthcare, and transportation. Robust speed regulation of inductor motors is a key requirement for ensuring their intended usage and increasing their effectiveness. This study analyzes two advanced and popular methods for regulating the torque and speed of induction motors, namely, field-oriented control (FOC) and direct torque control (DTC). Detailed mathematical modeling of both methods is described, providing the in-depth perspective of the control algorithms and problem variables. This is followed by a thorough analysis of the performance of the control methods. Different control scenarios have been analyzed using simulation with MATLAB Simulink under different speed and loading conditions. The outcomes show that FOC provides better performance in terms of reduced torque jitter, smooth torque, and speed tracking response for highly variable load and reference speed profiles. Further, the FOC is found to generate better current waveforms. This leads to improving the power factor, decreasing electrical noise, and enhancing the motor performance. Meanwhile, the DTC demonstrates a strong capability to handle large speed changes and provide faster torque response, but it suffers from considerable torque variation. The simulation outcomes also suggest that the method selected to tune PI controllers is effective. The findings contribute to enhancing the efficient operation of induction motors and fostering their applications in diverse sectors for improved productivity and service, and superior economic gain.