A drive is the electronic Electric Drive Motor china device that harnesses and controls the electrical energy delivered to the motor. The drive feeds electrical power in to the motor in different amounts and at various frequencies, thereby 
indirectly controlling the motor’s rate and torque.
So the the majority of economical choice will be a Three Stage Induction motor followed by a BLDC motor. I’d suggest BLDC ( because of its huge market penetration in recent times,simple availability and easier electronic devices/control ) or PMSM (Long lasting magnet synchronous motors )