This paper investigates the adaptive control of a fuzzy logic based speed and flux controller fur a vector controlled induction motor drive. A model reference adaptive scheme is proposed in which the adaptation mechanism is executed by fuzzy logic based on the error and change of error measured between the motor speed and output of a reference model. The control performance of the model reference adaptive control(MRAC) fuzzy controller is evaluated by simulation for various operating conditions. The validity of the Proposed MRAC fuzzy controller is confirmed by performance results for induction motor drive system.