Differential evolution (DE), an important evolutionary technique, enhances its parameters such as, initialization of population, mutation, crossover etc. to resolve realistic optimization issues. This work represents a modified differential evolution algorithm by using the idea of exponential scale factor and logistic map in order to address the slow convergence rate, and to keep a very good equilibrium linking exploration and exploitation. Modification is done in two ways: (i) Initialization of population and (ii) Scaling factor.The proposed algorithm is validated with the aid of a 13 different benchmark functions taking from the literature, also the outcomes are compared along with 7 different popular state of art algorithms. Further, performance of the modified algorithm is simulated on 3 realistic engineering problems. Also compared with 8 recent optimizer techniques. Again from number of function evaluations it is clear that the proposed algorithm converses more quickly than the other existing algorithms.