Hospet is a city in Bellary District in northern Karnataka, India. Its tourist importance lies in its proximity to Hampi, the site of the medieval Vijayanagar Empire, situated about 13 kms away. The Tungabhadra Dam here harnesses the sweet waters of the Tungabhadra River. At the base of the dam is a garden styled along Japanese lines. The Tungabhadra Dam is here and was built in the twentieth century. It was the entrance gate to the city of Vijayanagar for all travellers coming from Goa and West Coast. A recent phenomenon in this region has been the boom of the iron-ore mining business. Due to great international demands for iron-ore, particularly from China, there has been a lot of excessive mining in this region. To an extent, the Tungabhadra Dam as well as the ruins of Hampi are now endangered by this development.

The world famous Hampi is also just 12 km from Hosapete. It is also known as 'Steel City' this is because of the presence of many iron and steel industries in this belt.

From Hospet you may opt for any of the daylong sight seeing tours of Hampi and the Tungabhadra Dam by the Karnataka State Tourism Development Corporation. Regular buses also ply between Hospet and the Tungabhadra, which are at a distance of fifteen kilometers from each other. The terrific dam across the Tungabhadra River is 590 meters in length, 49 meters in height with an enormous storage capacity. Hampi is situated on the banks of the Tungabhadra River flows and it is believed that the Goddess Hampi (Parvati) attained Lord Shiva here during the rein of Scindias.