Predictive torque control (PTC) is one of the widely used modern control techniques for induction motor drives due to its merits such as; implementation is straightforward and direct inclusion of control parameters into the cost-function is possible. However, the main drawback of this technique is the selection of appropriate weighting factor in the cost-function. In this study an attempt is made to simplify the weighting factor selection by using VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method and the cost function of PTC is modified accordingly. Usage of VIKOR method in the cost-function optimisation introduces the compromise ranking to select an optimal control action. Both simulation and experimental results are carried out for a two-level voltage source inverter fed induction motor drive with the proposed control technique and the results are compared with conventional PTC technique. These results confirm that proposed method retains the dynamic response achieved by the conventional PTC along with reduced torque ripple and switching frequency.