Leaving for Russia on his first foreign visit after assuming office for a second term, Prime Minister Manmohan Singh on Monday said India is ready to play its part in coordinating global efforts to overcome the economic slowdown.

"India is among the fastest growing BRIC economies, and we are ready to play our part in coordinating international efforts to overcome the ongoing financial and economic slowdown," he said in statement before his three-day visit to Russia during which he will meet several leaders including Pakistan President Asif Ali Zardari.