Did your answer will work for AC inductive motor ?All (electric) motors are inductive, so I'm not sure what you mean?
Do you have an electronic circuit ?Plenty to find on Google (http://www.google.dk/search?num=100&hl=en&safe=off&client=firefox-a&rls=org.mozilla%3Ada%3Aofficial&q=light+dimmer+motor+schematic&btnG=Search&aq=f&aqi=&aql=&oq=&gs_rfai=).
I will glad to receive a link for electronic circuit that can control the velocity of AC motorJust follow the link I posted.
Also I will glad to receive a link where I can buy a cycloconverterCycloconverter??