Three Phase Induction Motor consists of a stator and rotor. The stator contains three-phase windings that produce a rotating magnetic field when powered. This rotating magnetic field induces currents in the rotor conductors, causing the rotor to rotate at a synchronous speed proportional to the power frequency and inversely proportional to the number of poles. As the rotor rotates, its speed is slower than the rotating magnetic field due to induction principles that generate torque to keep the rotor spinning even after the magnetic field has passed by.