A drive is the electronic device that harnesses and settings the electrical energy sent to the electric motor. The 
drive feeds electricity in to the motor in various amounts and at different frequencies, thereby indirectly managing the motor’s speed and torque.
So the the majority of economical choice will be a Three Stage Induction motor accompanied by a BLDC motor. I would suggest BLDC ( because of its huge marketplace penetration in recent times,ease of availability and easier electronic devices/control ) or PMSM (Permanent Electric Drive Motor china magnet synchronous motors )