Multiphase induction machines are being considered for various applications in transportation and power sector. This is because of their capability to achieve enhanced power when compared to its three-phase counterparts. In addition to this, a multi phase drive improves the reliability at the system level, thus contributing to overall system efficiency. A detailed dynamic modeling of five-phase IM with various space vector pulse width modulation (SVPWM)techniques are presented in this paper. These SVPWM techniques are compared in terms of total harmonic distortion. A modified SVPWM for five-phase drive is also presented. In order to verify the effectiveness space vector modulations, necessary simulation results are provided using MATLAB/SIMULINK software and experimental analysis are performed on a five-phase inverter developed in the laboratory.