A system for controlling operation of a motor drive during fast start-up of an induction motor is disclosed. The system includes an AC motor drive having a PWM inverter and a control system to generate a command signal to cause the PWM inverter to control an output of the AC motor drive. The control system includes a start-up modulator that is selectively operable during start-up acceleration of the AC motor, the start-up modulator programmed to determine a motor current applied to the AC motor and a voltage of a DC bus, generate a first frequency offset that causes a frequency reference of the command signal to be decreased when the motor current is greater than a reference current threshold, and generate a second frequency offset that causes the frequency reference of the command signal to be increased when the DC bus voltage is greater than a reference voltage threshold.