Hospet or Hosapete is the largest and fastest-growing industrial city and district headquarters of the Vijayanagara district in the Indian state of Karnataka. Hosapete is known as "the steel city of Karnataka". It is located on the bank of the Tungabhadra River and is 13 km (8.1 mi) from Hampi (Vijayanagar). Hampi was once the capital of the Vijayanagara Empire. It has been designated a UNESCO World Heritage Site. Hospet is the connecting link between North and South Karnataka. It is 333 km (207 mi) from the state capital Bengaluru.

Hospet was built in 1520 AD by Krishna Deva Raya, one of the prominent rulers of Vijayanagara Empire. He built the city in honor of his mother Naagalaambika. The city was originally named Naagalapura; however, people referred to the city as Hosa Pete, which means "New City". The area between Hampi and Hospet is still called Naagalapura. This was the main entrance to the city of Vijayanagara for travellers coming from the west coast.The city currently holds the nation's tallest flagpole. During the Independence day on August 15, 2022, Hospet hoisted the tallest national flag on a 405 ft (123 m) pole.